Parliament proceedings | Adani, L&T among firms keen to build satellite launchers: Govt
The Hindu
New Delhi The Government on March 24 said Adani Enterprises Limited and L&T are part of two consorti
The Government on March 24 said Adani Enterprises Limited and L&T are part of two consortia led by state-run enterprises that have evinced interest in building the Polar Satellite Launch Vehicle (PSLV), the ISRO’s warhorse rocket to put satellites in orbit.
In a bid to encourage private sector participation in the space sector, New Space India Limited (NSIL), a company under the Department of Space, had invited proposals from the Indian industry to build five PSLVs.
Minister of State in the PMO Jitendra Singh said two consortia, one comprising Hindustan Aeronautics Limited and Larsen & Toubro, and another involving Bharat Electronics Limited (BEL), Adani Enterprises Limited (AEL) and Bharat Earth Movers Limited (BEML), have submitted techno-commercial proposals for building PSLV.
State-run Bharat Heavy Electrical Limited too has submitted a techno-commercial proposal for “end-to-end realisation” of PSLV, he told the Rajya Sabha in response to a question by NCP member Vandana Chavan.
The Indian Space Research Organisation (ISRO) had been working closely with the industry in building launch vehicles, satellites and other components, but it was for the first time in 2020 that the Government ope
ned up the sector for private participation for the entire spectrum of space operations, including planetary exploration missions.
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) acts as the agency to promote, handhold and authorise private sector activities in the sector, besides enabling sharing of technical facilities and expertise from ISRO.