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Dredging Corporation of India (DCI) has signed an agreement with the Inland Waterways Authority of India (IWAI) for the development and maintenance of a fairway on national waterways in the North Eastern region estimated to cost Rs 204.50 crore, the company said. The scope of work includes the development and maintenance of a fairway width of 32 metres and depth of 2-2.5 metres for 3 years on national waterways in the North Eastern region by undertaking dredging, channel marking, and river training to ensure safe navigation of vessels, Dredging Corporation of India said. The agreement was signed on Thursday by Captain S Divakar, Managing Director and Chief Executive Officer (additional charge), Dredging Corporation of India and Ashutosh Gautam, Member Technical, Inland Waterways Authority of India. The agreement marks the Dredging Corporation of India’s entry into the inland waterways sector. The Visakhapatnam-based firm currently undertakes maintenance dredging, capital dredging, land reclamation, beach nourishment and project management consultancy for major ports, non-major ports, Indian Navy, fishing harbours and other maritime organizations. Also Read Panchakula administration plans to improve Morni's infrastructure Govt plans to resist Hindustan Zinc's proposal to buy Vedanta assets