Posted on October 30, 2024
Knowledge Marine & Engineering Works (KMEW) has received the Letter of Award (LoA) from the Inland Waterways Authority of India (IWAI) for the procurement for ‘Fairway Maintenance of Sultanganj-Mahendrapur (74 Km) and Mahendrapur-Barh (71 Km) stretches of National Waterway-1 (River Ganga). The contract is for a period of three years and is valued at Rs 147.43 crore including taxes.
A significant achievement has been made with the announcement of the third contract win from the Inland Waterways Authority of India (IWAI), securing an impressive overall 365-kilometer stretch across various sections of the River Ganga. This accomplishment establishes the IWAI as one of the major Employer of the Company in its Indian Dredging Segment, underscoring its leadership in the industry and ability to outpace competitors.
