Deals10 Jun 2024, 04:03 pm
Knowledge Marine & Engineering Works Ltd Secures Rs. 5.86 Crores Contract from V. O. Chidambaranar Port
AI Summary
Knowledge Marine & Engineering Works Ltd (KMEW) has been awarded a contract by V. O. Chidambaranar Port for the supply, manning, operation, and maintenance of a high-speed patrol boat (HSPB) with a speed of 20 knots or more on hire basis. The contract, valued at Rs. 5.86 Crores (including GST), will last for five years.
Key Highlights
- KMEW has secured a contract from V. O. Chidambaranar Port for a period of five years.
- The contract involves the supply, manning, operation, and maintenance of a high-speed patrol boat (HSPB) with a speed of 20 knots or more on hire basis.
- The contract is valued at Rs. 5.86 Crores, including GST.
- This contract is a significant development for KMEW in the marine and engineering sector.
- The contract is in line with KMEW's business operations as ship builders, repairers, charterers, and marine contractors.