Adani, L&T among firms interested to build satellite launchers, says government

The government on Thursday said Adani Enterprises Limited and L&T are part of two consortia led by state-run enterprises that have showed interest in building the Polar Satellite Launch Vehicle (PSLV), the ISRO’s warhorse rocket to put satellites in orbit.

In a bid to encourage participation of private sector 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.

“Out 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.

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