Dredging Corporation of India Limited (DCI) Recruitment 2020 | Rs. 1,80,000/-

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Dredging Corporation of India Limited (DCI) is the premier dredging company in India. Incorporated in 1976, the Company has been providing integrated dredging and related marine services to the Major Ports in India contributing in a big way to the promotion of National and International Maritime Trade besides a host of other services such as beach nourishment, reclamation, inland dredging and supplementing environment protection efforts.

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DCI is a Public Limited Company majorly owned (73.47%) by a Four Member Consortium of Visakhapatnam Port Trust, Paradip Port Trust, Jawaharlal Nehru Port Trust and Deendayal Port Trust, the Major Ports located on the East and West Coasts of Indian Peninsula.
The Company is listed with both NSE and BSE. The Company had a turnover of Rs.755 Cr for 2019-20 and has a networth of Rs.1500 Cr. The paid up Share Capital of the Company is Rs.28 Cr. The Company has its Registered and Corporate Offices at Delhi and
Visakhapatnam in Andhra Pradesh respectively. The Company has four Regional offices at Mumbai, Kolkata, Paradip and Kochi and project offices at different project sites.

The company is looking for dynamic professional for the post of Managing Director who can drive organisation to achieve excellence with sustained growth. The Managing Director is a Board level position in the Company and is also designated as Chief Executive Officer (CEO) of the company. He shall be reporting to the Board of Directors. He is responsible for the efficient functioning of the Company and ensuring Regulatory compliances and to lead the
organization on its growth path in accordance with stated Mission of the Company. She / he will motivate and lead a multi-disciplinary, highly qualified and multi-cultural team. Apart from the expected functional leadership, the other key areas will be in developing and implementing overall business, operational and economic plans for the Company including negotiating Contracts, capital investment, setting up of Joint Ventures connected with dredging and / or associated business areas. The position is based in Visakhapatnam.


SCALE OF THE POST : Rs. 1,80,000 – 3,20,000. HRA, DA, perks and allowances, Leased
Accommodation, Company vehicle, medical benefits, superannuation benefits payable as
per the Rules of the Company.
Total CTC : Indicative Rs. 65 -Rs.70 Lakhs at
the minimum of the scale.

DATE OF VACANCY :- From 01/03/2021

Start Date for submission Online application is 9 th September 2020, 9.00 hrs.
Last date for submission of application is 30 th September 2020, 23.59 hrs

AGE: On the date of occurrence of vacancy:
(i) Minimum – 45 years.
(ii) Maximum – 57 years and for candidates from private sector- 55 years.
a) Candidate should be a Graduate in Engineering / Science/ Commerce with good academic record from a recognised university /institution and/or possessing Certificate of Competency as Master (FG)/ Dredge Master Grade-I/ MEO Class-I / Dredge Engineer Grade-I. A Management/ Professional degree from a reputed institution will be added Qualification, and
b) Should have around 25 years post-qualification experience as on 30 th September 2020 (last date for submitting of application) holding a comparable or one-level-below position in private sector/ minimum two years experience at the level of E8 if from PSU, preferably related to business of shipping/ Indian Navy/ port sector, and/or Candidates should have independently worked in the position of minimum executive director or equivalent/ senior managerial position such as senior Executive Vice president in private sector/ as an official at the level of Joint secretary or equivalent in the Government. Deputy Chairmen of Major
Ports/ Rear Admiral in Indian Navy are eligible.
c) In the case of internal candidates, those who have put in minimum six years in the rank of GM and above as on the date mentioned in the advertisement are eligible.
d) In respect of candidates from Private Sector/ Public Sector, the Organisation should be listed on Stock Exchange and having minimum turnover of Rs.500 Cr. per annum in the preceding three years on the date of advertisement

• The shortlisted candidates may be required to undergo Psychometric Test.

• The selection would be based on interview and recommendations of
Search and Selection Committee.

Important Dates :

Last Date to Apply : 30-09-2020

Important Links :

For Official Notification link : Click Here

For Apply Link : Click Here