Knowledge Marine & Engineering Works Limited (KMEW) has secured a significant dredging contract worth ₹47.59 crores from Deendayal Port Authority. The project involves dredging operations at Ghoha Ro-Ro Terminal and has a completion timeline of 12 months.

Contract Details

The scope of work includes:

• Dredging in the approach channel, turning circle, and berth pockets surrounding the landing pontoon
• Maintaining a depth of 6.8m Below Chart Datum (BCD) from the existing dredged level at Ghogha Ro-Ro Terminal in Gujarat

KMEW will deploy its existing vessel River Pearl 8, a Trailing Suction Hopper Dredger, for the initial capital dredging work. This strategic deployment showcases the company's asset readiness and commitment to maximizing fleet utilization.

Financial Impact

The contract value of ₹47.59 crores (including taxes) is split into two phases:

This new order adds approximately 25% to KMEW's previous year turnover, reinforcing the company's growth trajectory and long-term business sustainability.

Competitive Edge

KMEW secured this contract against strong competition from Sahara Dredging Limited and Rock and Reef Dredging Private Limited. The win highlights KMEW's focus, determination, and effective methodology in competitive bidding scenarios.

Management Commentary

Mr. Sujay Kewalramani, CEO of Knowledge Marine & Engineering Works Ltd, commented:

"This latest contract win further strengthens our presence at Deendayal Port and underscores the trust placed in us by the Deendayal Port Authority. Our consistent success in securing such projects highlights our operational excellence and dedication to enhancing India's maritime infrastructure. By strategically deploying existing assets, we continue to execute high-value projects without incurring significant capital expenditure—demonstrating our commitment to operational discipline and asset optimization."

The contract reinforces KMEW's position as a key player in India's dredging landscape, showcasing its ability to deliver complex projects efficiently while maximizing the utilization of its existing fleet.

Knowledge Marine & Engineering Works Limited (KMEW) has clinched a significant contract from Dredging Corporation of India Limited (DCIL) for maintenance dredging at Pondicherry Port. The ₹28.32 crore deal marks KMEW's strategic entry into Pondicherry Port and underscores the company's growing presence in India's maritime infrastructure sector.

Contract Details

The contract involves chartering a Shallow Draft Trailing Suction Hopper Dredger (TSHD) for maintenance dredging at Pondicherry Port. Key aspects of the agreement include:

• Value: ₹28.32 crore (inclusive of GST)
• Duration: 3 months, with a possible 1-month extension
• Scope: Dredging approximately 2,00,000 cubic meters in the Mouth Portion, Entrance Channel, and Sand Trap Areas of Pondicherry Port

Strategic Significance

This contract represents KMEW's eighth engagement with Dredging Corporation of India in the past four years, highlighting the company's strong track record and growing reputation in the dredging industry. It also marks KMEW's first project at Pondicherry Port, expanding its operational footprint across India's coastline.

Operational Approach

KMEW plans to execute the project using equipment from its existing fleet, demonstrating the company's focus on maximizing asset utilization without incurring significant capital expenditures. This strategy aligns with KMEW's commitment to operational efficiency and cost-effective project execution.

Management Commentary

Sujay Kewalramani, CEO of Knowledge Marine & Engineering Works Ltd, commented on the contract, stating, "This order win not only reflects our successful track record with Dredging Corporation of India but also our ability to serve different employers across the Indian Coast. Our strategic focus on maximizing asset utilization enables us to execute these contracts efficiently without incurring major capital expenditures, further solidifying our position as a leader in the dredging industry."

Company Background

Knowledge Marine & Engineering Works Limited, established in 2015, has evolved from a small ship-repair unit to a comprehensive marine engineering solutions provider. The company specializes in owning and operating marine crafts, dredging, repair and maintenance of marine crafts, and marine infrastructure development. KMEW has built a diverse portfolio of clients, including various port trusts and government entities across India.

This latest contract reinforces KMEW's growing prominence in the Indian maritime sector and its ability to secure strategically important projects that contribute to the development and maintenance of India's port infrastructure.