Artson (formerly known as Artson Engineering) has received a letter of intent (LoI) for an order valued at Rs 61.54 crore from Sadhav Offshore Engineering.
The contract entails the construction and supply of a floating dry dock, marking a significant milestone for the company in the offshore engineering sector. It is categorised as a unit rate contract. The duration of work is 11 months.
This partnership further strengthens Artson’s portfolio in the field of engineering and offshore services, and is expected to drive growth and enhance the company’s capabilities in delivering specialised infrastructure solutions.