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Knowledge Marine & Engineering Works gets LoA worth Rs 2.19 crore

30 Nov 2021 Evaluate

Knowledge Marine & Engineering Works has received the Letter of Award (LoA) from Visakhapatnam Port Trust, for 'Supply, Manning, Operation of High-Speed Patrol Boat with 15 knots speed on hire basis for a period of three years round the clock' for a contract value of Rs 2.19 crore including GST.

The project is to be executed within a period of three years. The project is further extendable for two more years at additional contract value. A new craft 'High Speed Patrol Boat' with 15 knots of speed will be added in the company’s fleet in the year 2022-2023 to execute the said project.

Knowledge Marine & Engineering Works 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.

Knowledge Marine & E Share Price

1695.30 -3.35 (-0.20%)
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