Knowledge Marine & Engineering Works has received the Letter of Award (LoA) from Ministry of External Affairs, Government of India, for 'Dredging and providing maintenance for least available depth of 7.9 M on Access Channel and Port basin at Sittwe Port and least available depth of 2M on Kaladan River for Shipping and Navigation in KMTTP, Myanmar' for a contract value of Rs 139.13 crore.
The project is to be executed within a period of 2 years and 7 months. The project may be extended for further two years at additional cost. The said work is awarded jointly to Knowledge Marine & Engineering Works, Lead Partner, and Sahara Dredging, Another Partner.
The company is engaged in the business of owning and operating of Marine Crafts for dredging along with repairs and maintenance/refits of Marine Crafts and Marine Infrastructure.