Deals10 Oct 2025, 12:57 pm
Knowledge Marine & Engineering Works Ltd Secures INR 127.12 Crore Order from Inland Waterways Authority of India
AI Summary
Knowledge Marine & Engineering Works Ltd (KMEW) has been awarded a work order from the Inland Waterways Authority of India (IWAI) for the design, construction, and supply of 4 Nos. of Cutter Suction Dredgers and Ancillary Units. The order, valued at INR 127.12 Crores, is part of the Capacity Augmentation of National Waterways — 1 (River Ganga) project and will be executed over a period of 18 months.
Key Highlights
- KMEW has been awarded a work order from IWAI for the design, construction, and supply of 4 Nos. of Cutter Suction Dredgers and Ancillary Units.
- The order is valued at INR 127.12 Crores and is part of the Capacity Augmentation of National Waterways — 1 (River Ganga) project.
- The project will be executed over a period of 18 months.
- This order is a testament to KMEW's expertise in commercial shipbuilding and its ability to meet the demands of national projects.
- The order aligns with KMEW's business strategy and the government's push for domestic capacity building.