Adani LT among firms keen to build satellite launchers Govt \
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Adani LT among firms keen to build satellite launchers Govt

24-Mar-2022
New Delhi Mar 24 PTI The government Thursday said Adani Enterprises Limited and LT are part of two consortia led by State-run enterprises that have evinced interest in building the Polar Satellite Launch Vehicle PSLV the ISROs warhorse rocket to put satellites in orbitIn 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 PSLVsMinister 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 PSLVState-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 ChavanThe 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 opened up the sector for private participation for the entire spectrum of space operations including planetary exploration missionsThe Indian National Space Promotion and Authorization 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 ISRONSIL has the mandate to scale up private participation in the space programme and also own and operate capital-intensive assets such as satellites and launch vehiclesSingh told Rajya Sabha that since 2020 there have been 48 applications from private players received to IN-SPACe for undertaking space activities and their applications are being processed for further actionOut of these the applications with respect to authorizing the space activities to non-government private entities are 16 sharing of technology and facilities of Department of Space to NGPEs are 23 and Consultancy and Promotion are 9 he said in a written response PTI UZM SKU TIR TIR
24-Mar-2022 National
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