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Gaurav Narendra Puri

1st Nov · SEBI-Registered Analyst

During India Maritime Week 2025, Dredging Corporation inks 22 Memorandums of Understanding totaling ₹17,645 crore.

DREDGECORP
On Saturday, November 1, Dredging Corporation of India Ltd (DCIL) said that it had signed 22 Memoranda of Understanding (MoUs) worth ₹17,645 crore with 16 organizations at the India Maritime Week 2025, which took place in Mumbai from October 27 to October 31, 2025. Under the Ministry of Ports, Shipping & Waterways (MoPSW), DCIL functions as a consortium of four major ports: Visakhapatnam Port Authority (VPA), Paradip Port Authority (PPA), Jawaharlal Nehru Port Authority (JNPA), and Deendayal Port Authority (DPA). For the next two to five years, Port, Chennai Port, and Mumbai Port will be able to meet their dredging needs.

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