Knowledge Marine & Engineering Works Ltd secured a prestigious ₹3.84 billion order from V.O. Chidambaranar Port Authority for building, operating, and maintaining green, electric-powered tug boats over a 20-year contract. This deal elevates KMEW’s commitment to eco-friendly maritime solutions in India.
Knowledge Marine & Engineering Works Ltd (KMEW) has been awarded a major contract valued at ₹3.84 billion (₹384.33 crore) by V.O. Chidambaranar Port Authority (VPA), Tamil Nadu. The order, executed under GTP (Green Transition Pathway) guidelines, covers the design, build, operation, and maintenance of ten bollard full capacity electric tugs, a pioneering initiative in Indian port operations focused on sustainability and low emissions.
This landmark contract will span 20 years, making KMEW responsible for managing operations and comprehensive vessel maintenance throughout. KMEW’s operational role encompasses green crew transfer electric tugs for both Green Right and Green Open to Green routes, further supporting India’s push toward a cleaner marine environment.
The contract is strictly domestic with no related party involvement, executed on an arm’s length basis and structured for robust accountability. The deal solidifies KMEW’s leadership as a technology-driven provider of maritime solutions, directly supporting national efforts in green shipping.
Key Highlights
-
Awarded by V.O. Chidambaranar Port Authority for the Green Tug Project
-
Scope: Design, construction, operation, and maintenance of ten electric tugs for 20 years
-
Total value: ₹3.84 billion (₹384.33 crore)
-
Project aligns with national Green Transition Pathway goals for maritime decarbonization
-
Fully domestic contract, executed at arm’s length
-
Reinforces KMEW’s reputation for innovative, sustainable marine engineering
Sources: KMEW official disclosure, V.O. Chidambaranar Port Authority notification, BSE India publication.