Deals20 Sept 2024, 05:28 pm
Knowledge Marine & Engineering Works Ltd Secures 7-Year, ₹ 219.27 Cr Contract from Mumbai Port Authority
AI Summary
Knowledge Marine & Engineering Works Ltd (KMEW) has been awarded a work order from the Mumbai Port Authority for the hiring of two patrol boats with a speed of not less than 20 knots. The contract, valued at ₹ 219,27,09,393 (inclusive of GST), is for a period of seven years. The contract involves the supply of two patrol boats for the use of CISF for patrolling duty and transporting of Port Personnel in the Mumbai Port Area. One of the two patrol boats will operate as a multipurpose launch i.e. VIP cum Security launch and the other boat will operate as Security Launch.
Key Highlights
- KMEW secures a 7-year contract from Mumbai Port Authority
- Contract valued at ₹ 219,27,09,393 (inclusive of GST)
- Two patrol boats to be supplied, one as a multipurpose launch and the other as a security launch
- Contract involves supply of boats for CISF patrolling duty and transporting of Port Personnel
- Contract period is seven years