Dredging Corporation of India has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation (IOCL) for the supply of fuel to its dredging fleet. The agreement, valued at Rs 2,157.07 crore, is set for a period of five years and will ensure a steady and reliable fuel supply for the company's operations across the country. This strategic partnership strengthens the company's operational preparedness while ensuring continuity in critical maritime infrastructure services.

This MoU reinforces the long-standing association between Dredging Corporation of India and Indian Oil Corporation and reflects a shared commitment towards operational excellence, reliability, and supporting India's maritime infrastructure development. By securing long-term fuel supply arrangements during a period of energy uncertainty, the company has further strengthened its capability to deliver uninterrupted dredging services for major ports and national projects.

The collaboration also highlights the crucial role played by public sector enterprises in ensuring stability and efficiency in key sectors of the economy, particularly during challenging global conditions.

Dredging Corporation of India is fully equipped to offer the complete range of dredging and allied services to the users in India and abroad and to provide vital inputs for the national development.