Posted on August 20, 2015
Having assumed charge as chairman and managing director of
What are the projects that DCI is currently executing in the country?
At major ports, our existing projects include maintenance dredging for Haldia Port,
What are the other projects that DCI is exploring?
We are also looking at new areas and are keen to take up projects abroad, which we are pursuing with various agencies. Secondly, we want to take up project management consultancy as we have a huge pool of technical experts with knowhow about various types of dredging projects in our company. The third thing is we are planning to go for shallow water dredging as well as river dredging, sand mining, beach nourishment, land reclamation projects in the country.
The central government is keen on executing the ambitious Sagarmala project. Will DCI play a part in it?
Yes, we are talking to the Sagarmala Development Authority, which is the nodal authority for the project. We expressed our willingness to participate in the
Is DCI also planning to contribute to the development of inland waterways in the country?
We have been talking to
What will be DCI’s role in the Ganga project?
The Ganga project involves dredging to a depth of three metres to help 2,000-tonne barges transport coal from Haldia to
Any specific inland waterways dredging projects being planned in AP?
The state government has invited us for sand mining in the Krishna river, where the new capital is coming up. Apart from that, we have offered our services to the National Waterways Authority of India for the development of the
AP is also planning to develop three minor ports in the state. Do you see this as an opportunity for DCI?
We are in touch with the state government and have expressed interest in these projects. Wherever help is needed by the state government, we will be there to support AP. As we are located in
Are you looking at taking up dredging projects in foreign countries?
Middle East and Far East along with
What revenue is DCI targeting in the current fiscal?
We are targeting a revenue of Rs 850 crore in domestic dredging and Rs 100 crore in international dredging projects during the current fiscal.
Is DCI aiming to become a Navaratna company? How do you plan to achieve it?
In our mission statement, we have said we want to take this organisation to new heights and make it a
What is the status of the Sethusamudram Project? DCI has to receive around Rs 350 crore for its contribution to the project. Have those issues been sorted out?
The issues of the Sethusamudram project have been sorted out. But whether the project will be taken up again depends on the ports and shipping ministry. If they give the go ahead, we’ll take up the project again. The financial aspects pertaining to the project are also under the active consideration of the ministry.
Is DCI planning to add any new dredgers to its fleet?
We are trying to add another dredger to our fleet in the next two to three years. Let us see how things work out because the economic scenario is not so good. In such a sluggish scenario, should we go for acquisition is something we have to decide. The plan to acquire a dredger in association with
What are the immediate focus areas for DCI?
We are trying to bag projects in the Middle East and Far East. We also want to be management consultants for various projects. We are also trying for dredging jobs for navy projects. DCI will come out with flying colours. The next Independence Day will be a better Independence Day for us.