🚨 KNOWLEDGE MARINE WINS ₹279 CR GREEN TUG CONTRACT! ⚓🔋📈

Knowledge Marine & Engineering Works (KMEW) has secured a ₹279.33 crore work order from Mumbai Port Authority for a 60-ton battery-operated electric Green Tug. 📊 KEY HIGHLIGHTS 🔹 Order Value: ₹279.33 crore including GST 🔹 Contract Tenure: 15 years 🔹 Asset: 60-ton electric Green Tug 🔹 Client: Mumbai Port Authority 🔹 Scope: Construction, chartering, manning, operations & maintenance 🔹 Status: Company's 3rd Green Tug contract from a major Indian port The vessel will be constructed through Knowledge Shipyard Ltd, KMEW's subsidiary. The company plans to build this tug alongside its other Green Tug projects, aiming to develop standardised construction and execution capabilities. 📌 StockYard Insight: The order adds long-term visibility to KMEW's marine-infrastructure business and expands its exposure to electric and sustainable port assets. Key factors to track include vessel construction, commissioning, operating costs and execution of the 15-year contract. #StockYardResearch #KnowledgeMarine #KMEW #GreenTug #ElectricTug #MumbaiPort #MarineInfrastructure #RenewableEnergy #StocksInFocus #StockMarket #NSE #BSE