KNOWLEDGE MARINE & ENGINEERING WORKS LIMITED Knowledge Marine & Engineering Works Limited (KMEW) received one-year dredging contract worth INR 678.5 million from Dredging Corporation of India for its Mangrol Fishing Harbour facility in May, 2022 for capital dredging in hard rock. The ongoing work is 50% complete and on 30 December, 2022, KMEW has received an additional work order of INR 165.0 million from DCI under the original contract. The additional work order increases the target estimated dredging quantity from 110,150 Cubic Meters to 136,937 Cubic Meters which is an increase of 24% in the original work order.
The additional dredging work will be carried out at the same rates, terms and conditions of the original contract. KMEW is fully equipped to execute the additional work with the equipment present at Mangrol Site.
