DCI and NHAI ink MoU to facilitate supply of sand for highways construction work

Dredging Corporation of India (DCI) and National Highways Authority of India (NHAI) have signed a MoU for facilitating the supply of sand for highways construction work.
The MoU aims to fill sand supply gap by facilitating the availability of sand for concessionaires working on highways projects who were facing shortage of sand at many sites.

Key Facts

Under this MoU, DCI intends will do dredging operations at locations in South East Asia and generate large volumes of sand. This dredging will be done for purpose of obtaining sand. Business intermediaries will ship and store this sand at various ports in India and market it for highways projects. NHAI will facilitate process by displaying availability of sand at various stockyards at ports.

Dredging Corporation of India (DCI)

DCI is Indian Government Miniratna undertaking engaged in business of dredging. It was established in 1976 and reports to the Ministry of Shipping. It is headquartered at Visakhapatnam and has project offices at many seaports in India.
DCI is involved in maintenance dredging, capital dredging, beach nourishment, land reclamation, shallow water dredging, Project Management consultancy and Marine construction. It also occasionally dredges at foreign seaports in countries such as Sri Lanka, Taiwan and Dubai.

Month: Current Affairs - December, 2017