Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], March 11: Knowledge Marine & Engineering Works Ltd has received the Letter of Award (LoA) from the Inland Waterways Authority of India (IWAI) for the maintenance of the "Farakka-Kahalgaon stretch (146 Km) of National Waterway - 1 (River Ganga)". The contract, valued at Rs. 98.06 Crores. The contract duration is 3 years and further extendable by 2 more years. Business News | KMEW's Inland Waterway Maiden Voyage: Embarking on New Waters.