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Knowledge Marine & Engineering Works awarded a maidan Letter of Intent ("LOI") from V. O. Chidambaranar Port Authority (VOCPA) for Hiring of 1 No. 60 Ton Bollard Pull capacity Electric Tug under GTTP (Green Tug Transition Program) compliance Battery operated Electric Green Tug (60 Ton Green Tug”) along with
Manning, Operations, Maintenance and complete Technical Management at VOCPA. The said LOI is valued at Rs. 385.76 Crores including taxes for a period of 15 years.
At 1.23 pm, Knowledge Marine & Engineering Works was trading at Rs. 2,383.65, up by 4.73%, with a volume of 0.12 lakh shares on the BSE.
Knowledge Marine gets LoI for an order worth Rs. 386 cr from VO Chidambaranar Port
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