Corporate News 15-Nov-23
Knowledge Marine & Engineering subsidiary in Bahrain bags order worth Rs 66.38 cr
Knowledge Dredging Co. W.L.L., Bahrain (Subsidiary Company of Knowledge Marine & Engineering Works) has received Letter of Intent (LOI) from “M/s Nass Corporation B.S.C.” for the work of “Supply and Sale of Dredged Marine Sand” for an amount of 3.01 Million Bahraini Dinar (approx. equivalent to Rs 66.38 crore, using an exchange rate of 1 BD = Rs. 220.44) for a period of 5 (Five) Years. The work shall commence from Q3 of FY 2023-2024.
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