New Launch6 Dec 2024, 07:03 pm
Knowledge Marine & Engineering Works Secures 7-Year, Rs. 96 Crore Contract from V.O. Chidambaranar Port
AI Summary
Knowledge Marine & Engineering Works Ltd. (KMEW) has been awarded a work order by V.O. Chidambaranar Port for the supply, manning, operation, and maintenance of a 60T Bollard Pull and above highly maneuverable Azimuth Stern Drive (ASD) Tug. The contract is valued at Rs. 96,24,42,578/- (Rupees Ninety-Six Crores Twenty Four Lakhs Forty Two Thousand Five Hundred Seventy Eight Only) for a period of seven years. This is KMEW's first-ever contract for the supply of a 60-ton bollard pull ASD tug, marking a significant step forward in terms of capacity and capability.
Key Highlights
- KMEW secures a 7-year, Rs. 96 crore contract from V.O. Chidambaranar Port.
- The contract involves the supply, manning, operation, and maintenance of a 60T Bollard Pull and above highly maneuverable Azimuth Stern Drive (ASD) Tug.
- This is KMEW's first-ever contract for the supply of a 60-ton bollard pull ASD tug.
- The contract is valued at Rs. 96,24,42,578/- (Rupees Ninety-Six Crores Twenty Four Lakhs Forty Two Thousand Five Hundred Seventy Eight Only).
- The tug will be designed and built to meet advanced technical standards.