Knowledge Marine & Engineering Works Secures ¥48.46 Crore Dredging Contract at Deendayal Port

Knowledge Marine & Engineering Works Ltd. (KMEW) has received a work order from Dredging Corporation of India Limited (DCIL) for chartering of a Trailing Suction Hopper Dredger (TSHD) for dredging in the Navigational Channel, Kandla Creek, Oil Jetties, & Cargo Berths at Deendayal Port. The contract is valued at ¥48,45,55,509/- (Rupees Forty-Eight Crores Forty-Five Lakhs Fifty Five Thousand Five Hundred Nine Only) inclusive of taxes and is for a period of one year, extendable by one more year. This contract is a part of the broader dredging project at the port’s Navigational Channel, Kandla Creek, and alongside Cargo Berths/Oil Jetties, which carries a total contract value of ~¥3409 crore. KMEW’s share of this prestigious project amounts to 10% of the overall contract value.