DCI-NHAI inks JV smoothing sand supply

    DCI-NHAI inks JV smoothing sand supply
    In order to meet sand shortage at construction sites, the Dredging Corporation of India (DCI) has recently inked joint venture with the National Highways Authority of India (NHAI) for ensuring smooth supply to the construction sector, said official sources. Concessionaires working on highways projects have been facing severe shortage of sand at work places and the joint venture aims to fill this gap by facilitating the availability of sand for these concessionaires. The DCI intends to do dredging operations at locations in Southeast Asia, generating large volumes of sand and task will be carried out for the purpose of obtaining sand. As per the MoU, business intermediaries will ship and store this sand at various ports in India and market it to the country. NHAI will facilitate the process by displaying the availability of sand at various stockyards at the ports, the statement added.
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