Business Standard

DCIL inks MoU with WAPCOS to identify suitable future projects


Press Trust of India Visakhapatnam
: The Dredging Corporation of India Limited has inked an MoU with WAPCOS Limited to jointly identify suitable future projects and carry out geotechnical investigation and engineering consultancy in fields like Water Resources, Power and Infrastructure Port and Harbour dredging.
The other areas include shallow water dredging, beach nourishment, lake rehabilitation, flood management, erosion control, river morphology and other related sectors.
WAPCOS Limited is a Miniratna PSU under the Ministry of water resources, river developmentand Ganga rejuvenation, release from DCIL said here Monday.
The MoU was signed byManaging Director of DCIL Rajesh TripathiandChairman and Managing Director of WAPCOSR K Guptaat New Delhi.
With DCIL planning to enternewer areas like water body rejuvenation, sand mining and inland dredging, the MoU is expected to bring in synergy complimentingboth the players.
Recently, DCIL has been intalks with various state governments on issues of mutual interest in the field of dredging and related activities.
The MoU assumes special significance and is expected to be a win-win alliance for DCI and WAPCOS, the release added.

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First Published: Apr 29 2019 | 7:15 PM IST

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