Knowledge Marine & Engineering Works Ltd. has received a Letter of Award (LOA) from the V.O. Chidambaranar Port Authority for the Supply, Manning, Operation and Maintenance of one number High- Speed Patrol Boat (HSPB) of 20 knots speed or more on hire basis for a period of five years. This contract is valued at INR 58,605,141. The company has secured its first contract in the southern region of India from V.O. Chidambaranar Port.

This addition to the company's portfolio signifies the ability of the company to penetrate new markets. Following the winning of the contract, the company will deploy its 27th Vessel to execute the contract within the stipulated time. The said vessel will be newly built with the life of 20 years and will ensure that the project is completed efficiently and within the designated timeframe.

This highlights the company's commitment to meeting its contractual obligations and maintaining its reputation for reliability and performance in the high-speed patrol boat sector. Work is set to commence within 180 days from the receipt of the order.