CURRENT AFFAIRS

Detailed explanation-1: -New Delhi, March 17 Cochin Shipyard Ltd and Dredging Corporation of India (DCI) on Thursday signed an agreement to build the country’s first indigenous dredger. The vessel with a 12,000 cubic metre capacity, will cost around ₹920 crore and is expected to be completed within 34 months.

Detailed explanation-2: -In a step towards local manufacturing of dredgers, the Dredging Corporation of India (DCI) and Cochin Shipyard Limited (CSL) Thursday signed an agreement to build the first indigenous dredger. The vessel will cost around Rs 920 crore. “This vessel will be completed within 34 months from today.

Detailed explanation-3: -The Dredging Corporation of India Limited (DCI) was established in the year 1976 to provide dredging services to the Major Ports of the country in India. DCI is a pioneer organization in the field of dredging and maritime development.

Detailed explanation-4: -Prof. Dr. George Yesu Vedha Victor DCI with more than 45 years of experience with 650 highly skilled professionals, the Company strives to contribute positively to the development of port sector to maintain navigational channel of various ports.