Knowledge Marine & Engineering Secures ₹ 47.59 Crore Dredging Contract from Deendayal Port Authority
Knowledge Marine & Engineering Works Limited (KMEW) has been awarded a work order by Deendayal Port Authority (DPA) for execution of 'Dredging in Approach Channel, Turning Circle, Berth Pockets surrounding of Landing Pontoon, etc. for maintaining 6.8m Below Chart Datum (BCD) from the existing dredged level at Ghogha Ro-Ro Terminal -Gujarat'. The contract, valued at ₹ 47.59 Crores, is to be executed over a period of 12 months. The initial capital dredging work is to be carried out in the approach channel and turning circle from the existing level up to the designed depth of 6.8m BCD within the first three months and is valued at 60% of the contract value. The maintenance dredging is to be carried out for balance 9 months and will generate revenue of 40% of the contract value.
Key Highlights
- KMEW secures a ₹ 47.59 Crore dredging contract from Deendayal Port Authority.
- The contract involves dredging in the approach channel, turning circle, berth pockets surrounding of landing pontoon, etc. for maintaining 6.8m BCD from the existing dredged level at Ghogha Ro-Ro Terminal - Gujarat.
- The contract is to be executed over a period of 12 months.
- KMEW will deploy its existing Vessel River Pearl 8 ‘Trailing Suction Hopper Dredger’ for the initial capital dredging work.
- This win highlights Company’s focus and determination and using right methodology against its competition to win the contract.