1 hr ago
Knowledge Marine wins ₹279 crore green tug contract
Knowledge Marine & Engineering Works has received a large contract from Mumbai Port Authority.
The contract is worth ₹279 crore.
The company will provide a new electric tugboat.
The tugboat will run on batteries.
It can pull with a strength of 60 tons.
The company will also provide the crew for the tugboat.
It will operate, maintain and technically manage the vessel.
The tug is being described as a green tug because it is battery-powered.
Knowledge Marine & Engineering Works won a ₹279 crore contract from Mumbai Port Authority.
The contract covers chartering a new battery-operated electric green tug.
The tug will have a 60-ton bollard pull capacity.
Knowledge Marine will provide manning, operations, maintenance and complete technical management.
The company described itself as an integrated marine infrastructure and dredging firm.
- Who
- Knowledge Marine & Engineering Works and Mumbai Port Authority.
- What
- A ₹279 crore contract to charter and manage a new battery-operated electric green tug.
- Where
- Mumbai Port Authority.
- When
- The company disclosed the contract in an exchange filing on Saturday.
- Why
- To provide a 60-ton bollard pull capacity electric tug along with its manning, operations, maintenance and technical management.
Key facts
- Contract value
- ₹279 crore
- Contract recipient
- Knowledge Marine & Engineering Works
- Contracting authority
- Mumbai Port Authority
- Vessel type
- New battery-operated electric green tug
- Bollard pull capacity
- 60 tons
- Included services
- Manning, operations, maintenance and complete technical management
Sources
Related news
HSL Lays Keel for Second 60-Tonne Bollard-Pull Tug
Kolkata Shipbuilder Wins Rs 45 Crore Electric Ferry Order
Mazagon Dock Wins Rs 117.99 Crore AI Security Order
Paradip Port Unveils Rs 427.80 Crore Infrastructure Boost
Maharashtra Reviews ₹4 Crore Ferry Plan for Sindhudurg Connectivity
Maharashtra’s Sagarmala Projects Gain Support, Gateway Fees Face Review
India’s Maritime Expansion Creates Dredging Opportunities for Two Stocks
Sumeet Bagadia recommends five breakout stocks as market stays rangebound
Stock Market Update: Sumeet Bagadia Recommends Five Shares to Buy
FIIs Increase Stakes in Three Indian Stocks
