Knowledge Marine & Engineering Works’ subsidiary -- M/s Knowledge Dredging Co. W.L.L., Bahrain has received Four different Letter of Intents (LoIs) from Four different sand buyers i.e. M/s Haji Hasan Group, M/s TCT Marine Contracting WLL, M/s K7 Contracting WLL and M/s Alsalem Contracting on August 20, 2023 for the work of ‘Supply and Sale of Dredged Marine Sand’ for a cumulative amount of 15.45 million Bahrain Dinar (around Rs 342.06 crore, exchange rate 1 BD = Rs 221.40) for a firm period of 5 years. The work shall commence from Q3 of FY 2023-2024.
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.
