Knowledge Marine wins ₹279 crore green tug contract from Mumbai Port
In short
Knowledge Marine & Engineering Works won a ₹279 crore contract from Mumbai Port Authority.
The deal is for a new battery-operated electric green tug with 60-ton bollard pull, plus its running and upkeep. The reporting does not say how long the contract lasts or when it starts.
What the reporting says
Knowledge Marine & Engineering Works won a green tug contract worth ₹279 crore from the Mumbai Port Authority. The exchange filing says the job covers chartering a 60-ton bollard pull capacity new battery-operated electric green tug, plus manning, operations, maintenance and technical management. The reporting does not state the contract term or when work begins, but it directly adds a sizable order to the company’s pipeline.
Why it matters
Knowledge Marine & Engineering Works said in an exchange filing that it won a ₹279 crore green tug contract from the Mumbai Port Authority. The contract covers a 60-ton bollard pull battery-operated electric tug, along with manning, operations, maintenance and technical management. The news is positive for the company’s order book and supports marine infrastructure and green port services, but the contract duration is not stated.