BEML Limited has entered into 3 non-binding MoUs with Dredging Corporation of India Limited (DCIL) for a total value of ₹350 Crores. The agreement focuses on supplying and building dredging equipment, including cutter suction dredgers and cable dredgers. This collaboration aims to support indigenous manufacturing and infrastructure development projects. The announcement was made on October 30, 2025.
Dredging Corporation Collaboration
BEML Limited announced that it has secured an agreement with Dredging Corporation of India Limited (DCIL) involving 3 non-binding Memorandums of Understanding (MoUs).
Agreement Value
The total value of these MoUs amounts to ₹350 Crores, marking a significant collaboration between BEML and DCIL.
Focus Areas
The collaboration includes the following key initiatives:
- Building of 5 nos. of Inland Cutter suction dredgers of different capacity under ‘ATMANIRBHAR’ Bharat Mission.
- Supply of Cable dredgers & Long reach excavators with Dredge pump and customised dredging solutions for Dams / Reservoirs /Lakes etc dredging /de-siltation works.
- Supply of Indigenous spares for DCIL dredgers.
Source: BSE
