StockWatch
·
Aerospace & Defense
Deals23 Jun 2026, 04:29 pm

GRSE Becomes Lowest Bidder for ₹40 Cr Tug Supply Tender

AI Summary

Garden Reach Shipbuilders & Engineers Ltd (GRSE) has emerged as the Lowest Bidder (L1) in a tender issued by Shyama Prasad Mukherjee Port, Kolkata (SMPK). The tender is for the supply of one 15 TON Electric Bollard Pull Tug. The approximate value of this contract is ₹40.00 crores. This development signifies a potential new order for GRSE in the marine equipment sector.

Key Highlights

  • GRSE is the lowest bidder for a tug supply tender.
  • The tender is from Shyama Prasad Mukherjee Port, Kolkata.
  • The contract value is approximately ₹40.00 crores.
  • The supply is for a 15 TON Electric Bollard Pull Tug.