BENGALURU: Manufacture of polar space launch vehicles (PSLVs) — which was the preserve of premier agency Isro for nearly three decades — has been awarded to an HAL-L&T consortium which will become the first group outside the storied space campus to produce five PSLVs in the coming months, reports Chethan Kumar. This is expected to pave the way for commercialisation of other rockets such as SSLV and GSLV.
Space PSU NewSpace India opened the commercial bids of the three shortlisted entities — HAL-L&T, BHEL (single firm) and the BEL-Adani Alpha Design-BEML consortium — on Wednesday. The winning bid quoted Rs 824 crore, BHEL Rs 1,129 crore and the third group Rs 1,218 crore, a source said. These figures exclude taxes.
