Prime Minister Narendra Modi announced ₹4000 crore concern for modernisation of Dredging Corporation of India Limited during the caller inauguration of India Maritime Week 2025 astatine Mumbai, according to an authoritative connection by the institution present connected Friday.
The ₹4,000 crore concern volition absorption connected fleet modernisation and capableness enhancement to fortify India’s dredging infrastructure.
Speaking connected the occasion, Chairman Dredging Corporation of India Limited and Chairperson of the Visakhapatnam Port Authority and Mumbai Port M. Angamuthu, expressed gratitude to Prime Minister and the Ministry for their visionary support.
Managing Director & CEO of the DCIL S. Divakar added DCI’s existent dredging capableness is based connected a fleet chiefly consisting of 10 Trailer Suction Hopper Dredgers (TSHDs) with a combined hopper capableness of astir 60,000 cubic metres. This fleet enables handling of astir 50-60 cardinal cubic metres of dredging annually, accounting for astir 55% of India’s full dredging request of astir 110- 120 cardinal cubic metres per year.
Approval of Ministry was already fixed for procurement 3 caller TSHDs retired of which DCI has already placed the bid for 1 12000 CuM TSHD – DCI Dredge Godavari successful March 2022. The vas was launched precocious and is expected to beryllium delivered successful July 2026 to DCI successful Visakhapatnam.
The DCI volition spot the bid for different 12000 CuM TSHD successful adjacent fewer months and bid for different dredger would travel subsequently. Further, DCI besides plans to procure 1 Cutter Suction Dredger, a h2o injection dredger different TSHD of little capableness to bash shallow draught dredging and besides six beavers dredgers of antithetic capacities for dredging successful inland waterways/ canals etc.
The full concern for procurement of these 11 dredgers and different initiatives is ₹4000 crore, and would alteration DCI would spot its ft firmly not lone successful the attraction dredging marketplace which it is already starring successful India but besides successful Capital dredging, said DCI CEO.
DCIL operates nether a consortium of 4 large ports — Visakhapatnam Port Authority (VPA), Paradip Port Authority (PPA), Jawaharlal Nehru Port Authority (JNPA), and Deendayal Port Authority (DPA) — functioning nether Ministry of Ports, Shipping & Waterways (MoPSW).

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