Knowledge Marine & Engineering Works Ltd - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

With regards to the captioned subject, we are extremely delighted to inform you that M/s Knowledge Marine & Engineering Works Limited 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. 2,19,98,000/- including GST (Rupees Two Crores Nineteen Lakhs Ninety-Eight Thousand Only). 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.<BR> <BR> A new craft 'High Speed Patrol Boat' with 15 knots of speed will be added in our fleet in the year 2022-2023 to execute the said project.<BR> <BR>