Mumbai, June 22 -- The contract involves the design, construction, supply, testing and commissioning of 10 hybrid electric passenger ferries, each with a capacity of 20 passengers, along with maintenance and support services.

The total contract value comprises Rs 65.52 crore, including taxes, towards the construction of the ferries and Rs 0.59 crore, including taxes, towards maintenance and support.

The ferries are scheduled to be designed, constructed, supplied, tested and commissioned within 10 months from the receipt of the work order. The contract also includes a maintenance and support commitment for a period of 60 months.

The company said the order marks the first external commercial shipbuilding contract secured by Knowledge Shi...