Dredging Corporation picks industry veteran Victor as new MD and CEO
January 01, 2021
Will assume charge on March 1
Dredging Corporation of India Ltd (DCI) has picked industry veteran GYV Victor as its next Managing Director and Chief Executive Officer for a five-year term beginning February 1.
The Board of Mumbai-listed DCI cleared the appointment of Victor, multiple government sources said.
Victor will join on February 1 as a special officer and assume charge as MD and CEO from March 1, the sources said.
This is the first top management appointment at India’s biggest dredging contractor after the company was acquired by four Centre-owned major port trusts in a strategic divestment deal.
BHUBANESWAR: Chief minister Naveen Patnaik on Friday urged Prime Minister Narendra Modi to ask the ministry of civil aviation to establish an international airport at Puri, which is located just 60km from Biju Patnaik International Airport in Bhubaneswar.
Naveen requested to name the proposed airport as Sri Jagannath International Airport. In a letter to Modi, Naveen cited several reasons for establishing an international airport in Puri. Naveen said Puri has the potential to become a hub of spiritual, international tourism and economic activities.
“Puri is one of the four holy dhams in the country. The world famous Rath Yatra of Jagannath temple at Puri attracts lakhs of pilgrims and visitors from across the globe every year. The holy Rath Yatra is celebrated across 192 countries. The proposed international airport will help bring devotees from across the world to Puri and promote Jagannath culture globally,” Naveen’s letter said.
Rs 3,500 Crore for SCB modernisation orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Major port trusts can award dredging works to DCI on nomination basis
January 01, 2021
Draft dredging guidelines specify when this can be done
Centre-owned major port trusts will have to give dredging works on nomination basis (without tender) to Dredging Corporation of India Ltd (DCI) according to the draft dredging guidelines for major ports prepared by the ministry of ports, shipping and waterways.
“Major Ports may entrust a dredging project to a ports’ owned company, in which it owns controlling share, on nomination basis on approval of Board of Trustees/ Directors of the Port,” says the draft prepared by the ministry and circulated for public consultation.
CCEA approves deepening, optimisation of inner harbour facilities at Paradip Port ANI | Updated: Dec 30, 2020 18:01 IST
New Delhi [India], December 30 (ANI): The Cabinet Committee on Economic Affairs has approved the project Deepening and Optimization of Inner Harbour Facilities including Development of Western Dock on Build, Operate and Transfer (BOT) basis under Public-Private Partnership (PPP) mode to handle cape size vessels at Paradip Port.
The estimated cost of the project is Rs3,004.63 crores, which includes the development of the new Western Dock on BOT basis and capital dredging by the selected Concessionaire at a cost of Rs.2,040 Crore and Rs 352.13 crores respectively; and Paradip Port s investment will be to the tune of Rs.612.50 crores towards providing Common Supporting Project Infrastructure, as per an official release.