Dredging Major, 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 Water Resources, Power and Infrastructure, Port and Harbour dredging, 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 Development and Ganga Rejuvenation, GOI .The MOU was signed by DCIL MD Mr Rajesh Tripathi and CMD WAPCOS Mr.R.K.Gupta, at New Delhi. With DCIL planning to enter newer areas like water body rejuvenation, sand mining, inland dredging, etc., the MOU is expected to bring in synergy complimenting both the players. Recently, DCIL has been in talks 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, stated an official release from DCI.