KMEW secures order of Rs 303 cr from New Mangalore Port Authority

Knowledge Marine & Engineering Works (KMEW) has secured it's largest dredging order in the Company's history by receiving a Letter of Acceptance from New Mangalore Port Authority (NMPA) for a three-year maintenance dredging contract valued at approximately Rs 303.17 crore, including taxes.

KMEW emerged as the lowest bidder, with its bid approximately 10.16% below the bid submitted by the competition.