Knowledge Marine Secures ₹ 385.76 Crore Green Tug Deal from V. O. Chidambaranar Port Authority

Knowledge Marine & Engineering Works Ltd (KMEW) has been awarded a Letter of Intent (LOI) from V. O. Chidambaranar Port Authority (VOCPA) for hiring a 60 Ton Bollard Pull capacity Electric Tug under the Green Tug Transition Program (GTTP). The LOI, valued at ₹ 385.76 Crores, includes taxes for a period of 15 years. This deal positions KMEW among a select group of Indian companies entrusted with deploying GTTP-compliant electric tugs, underscoring its commitment to sustainable innovation and operational excellence. The 60-ton Green Tug will be designed and built in-house, reflecting KMEW’s growing capabilities in delivering advanced marine solutions tailored to evolving environmental standards. This contract aligns seamlessly with India’s broader climate goals and the Maritime India Vision 2030, which calls for a 30% reduction in carbon emissions per ton of cargo handled and a transition to cleaner fuels across port operations.