HAL profits on making lowest bid for ISRO challenge

HAL profits on making lowest bid for ISRO challenge

by admin- Monday, April 11th, 2022 04:23:50 PM

Hindustan Aeronautics Ltd (HAL) and L&T consortium emerged as L1 to make five Polar Space Launch Vehicles (PSLVs) for ISRO. Company is the lead accomplice with L&T sharing the paintings. Other vendors too might be concerned with the
consortium inside the production of the Launch Vehicles. However, the settlement is but to be formalised/ presented.

It can be referred to that, ISRO’s commercial arm, NSIL has floated the RFP for the said work in December, 2020.

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