Knowledge Marine & Engineering Works Limited has informed the Exchange about Bagging/Receiving of orders/contracts
KMEW · price
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Awaiting price reaction for this filing.
KMEW has bagged a work order from Deendayal Port Authority (DPA) for excavation/cutting in the water front area at Ro-Ro facilities for handling over-dimensional cargo at Bunder Basin (Kandla). The contract is valued at ₹91.85 lakhs inclusive of GST and is to be executed over a 4-month period. The work involves dredging of sand, silt, clay, and soil from Ro-Ro pockets and disposing of the material outside the port area. KMEW will deploy its in-house vessel fleet for the project, highlighting fleet utilisation. This is a domestic order from a government port authority and is not a related party transaction.
This is a small-ticket order (under ₹1 crore) that adds to KMEW's existing order book from major Indian ports but is unlikely to materially move the stock on its own. The real takeaway is continued order flow and operational utilisation of KMEW's dredging fleet at a key government port.