DCI and NHAI sign MoU to facilitate supply of sand for highways construction work

Capital Market 

An MoU was signed yesterday between of (DCI) and National Authority of (NHAI) for facilitating the supply of sand for construction work. Concessionaires working on projects have been facing a shortage of sand at many sites. The MoU aims to fill this gap by facilitating the availability of sand for these concessionaires.

DCI intends to do dredging operations at locations in South East Asia, generating large volumes of sand. This dredging will be done for the purpose of obtaining sand. As per the MoU, business intermediaries will ship and store this sand at various ports in and market it in NHAI will facilitate the process by displaying the availability of sand at various stockyards at the ports.

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First Published: Wed, December 13 2017. 12:21 IST