HAL-L&T consortium bags Rs 8.60 bn NewSpace PSLV contract
Technology

HAL-L&T consortium bags Rs 8.60 bn NewSpace PSLV contract

A consortium of Hindustan Aeronautics Ltd (HAL) and Larsen & Toubro (L&T) has bagged a Rs 8.60 billion contract from the NewsSpace India Ltd (NSIL) for end-to-end realisation of five Polar Satellite Launch Vehicles (PSLVs) over a period of four years.

The contract was exchanged this week between HAL and NSIL during the inaugural session of the seventh Bengaluru Space Expo 2022. Over the years, ISRO's PSLV has performed more than 52 successful flights, and the vehicle has attained operational status. The Indian Space Research Organisation (ISRO) formed a separate entity, NewSpace India, with the primary mandate of enabling Indian industries to scale up their high-technology manufacturing and production base for meeting the needs of the Indian space programme.

As part of its mandate NSIL, had invited Expression of Interest (EoI) in August 2019 for realization of five PSLV-XL Launch Vehicles by Indian industry. Based on competitive bidding, the HAL-led consortium emerged as the successful bidder.

See also:
3D maps announced for Indian cities
L&T and Amazon Data Services sign a 21.5-year lease for 5.5 acre


A consortium of Hindustan Aeronautics Ltd (HAL) and Larsen & Toubro (L&T) has bagged a Rs 8.60 billion contract from the NewsSpace India Ltd (NSIL) for end-to-end realisation of five Polar Satellite Launch Vehicles (PSLVs) over a period of four years. The contract was exchanged this week between HAL and NSIL during the inaugural session of the seventh Bengaluru Space Expo 2022. Over the years, ISRO's PSLV has performed more than 52 successful flights, and the vehicle has attained operational status. The Indian Space Research Organisation (ISRO) formed a separate entity, NewSpace India, with the primary mandate of enabling Indian industries to scale up their high-technology manufacturing and production base for meeting the needs of the Indian space programme. As part of its mandate NSIL, had invited Expression of Interest (EoI) in August 2019 for realization of five PSLV-XL Launch Vehicles by Indian industry. Based on competitive bidding, the HAL-led consortium emerged as the successful bidder. See also: 3D maps announced for Indian citiesL&T and Amazon Data Services sign a 21.5-year lease for 5.5 acre

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?