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The Dredging Corporation of India (DCI) is aiming at a turnover of ₹850 crore, according to Chairman and Managing Director DK Mohanty. He was speaking here at the Formation Day celebrations of the corporation, on Saturday, at Port Kalavani auditorium.
The CMD spoke about the progress made by the corporation, both in achieving a turnover of ₹730 crore during 2013-14 and acquiring three trailer suction hoper dredgers (TSHD). He congratulated the Master, Chief Engineer and crew members of Dredge XXI for successfully completing the beach nourishment project within a record time and creating an island in front of Varun beach. Further, he stressed the need to strive hard to improve the turnover to ₹850 crore during 2014-15 and complete the project in time keeping in view the stiff competition from the private players in the field of dredging.
Capacity expansionHe said efforts were on to sign a MoU with Paradip Port Trust for procurement of a higher capacity TSHD with a long-term dredging contract. He said the DCI’s efforts for capacity expansion would continue.
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