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.
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