It has also sought permission from the National Green Tribunal for the works on the river.
"We are looking at Yamuna very closely. We have worked out and surveyed about 16 km of Yamuna. Yesterday we had come out with three tenders on Yamuna - one for ferry vessels, other for dredging and third for operating and construction of terminal," IWAI Chairman Amitabh Verma said today.
"I believe by December you would see construction and dredging activities... We have filed application with NGT to get permission from them," he said.
Parliament has given nod to convert 106 rivers into National Waterways apart from the existing 6.
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Verma said IWAI has identified 30 stretches to be developed as Inland Waterways and tender process have been started for eight stretches while tender for another 7 stretches will follow this.
He said the government is also planning to come out with a new policy on dredging.
"We have made a draft policy on dredging which we shall be putting on our website very shortly for eliciting market response and after that we shall form our Dredging Policy," he said, adding that a new Inland Vessel Act would also be in place.
"In the Winter Session, we should be able to place it in Parliament," he said.