Deals10 May 2024, 08:35 pm
Knowledge Marine & Engineering Works Ltd Wins Rs 73.14 Crore Project from Inland Waterways Authority of India
AI Summary
Knowledge Marine & Engineering Works Ltd has been awarded a contract worth Rs 73.14 Crores by Inland Waterways Authority of India for Fairway-Maintenance on Quantity Based Dredging of Barh - Digha Stretch (74 Km) on National Waterway - 1 (River Ganga) for a period of three years, with an option to extend for another 2 years.
Key Highlights
- KMEW wins project worth Rs 73.14 Crores from Inland Waterways Authority of India
- Project involves Fairway-Maintenance on Quantity Based Dredging of Barh - Digha Stretch on National Waterway - 1
- The project is for a period of three years with an option to extend for another 2 years
- The project is not a related party transaction
- The promoter or promoter group/companies have no interest in the entity awarding the contract