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Knowledge Marine & Engineering Works Limited Secures ₹147.4 Cr Contract from IWAI

Oct 28, 2024over 1 year ago

Contract Type

contract

ConstructionCivil Engineering

Description

Knowledge Marine & Engineering Works Limited received a Letter of Award (LoA) valued at nearly Rs. 147.43 crores from the Inland Waterways Authority of India (IWAI) for fairway maintenance for the Sultanganj–Mahendrapur and Mahendrapur–Barh sections of National Waterway–1 (River Ganga). The contract is set for a three-year duration, with the potential for an additional two-year extension. This recent contract win marks a significant milestone for the company, further reinforcing its leadership in the industry.

Company Information

Company

Knowledge Marine & Engineering Works Limited

About

Knowledge Marine & Engineering Works Limited is a company specialising in marine engineering and dredging services. It has a market cap of Rs. 1,963.6 crores.

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