Knowledge Marine & Engineering bags new order from IWAI
Maritime firm, Knowledge Marine & Engineering Works Ltd. (KMEW), has bagged a new order from the Inland Waterways Authority of India (IWAI). The order is for the design, construction, supply, testing, and commissioning of 10 hybrid electric passenger ferries with a capacity of 20 passengers.
Each ferry will cost Rs 65.52 crore for the construction and Rs 59 lakh for maintenance and support. As per the contract, ferries are to be delivered within 10 months, followed by a five-year maintenance commitment.
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