HAL-L&T consortium has bagged a Rs 860 crore contract for end-to-end realisation of five Polar Satellite Launch Vehicles (PSLV) over a period of four years from the NewsSpace India Limited (NSIL).
The contract papers were exchanged on Monday between HAL-L&T and NSIL during the inaugural session of the seventh ‘Bengaluru Space Expo 2022’ at the Bangalore International Exhibition Centre (BIEC), Bengaluru-headquartered HAL said in a statement.
Over the years, ISRO’s PSLV, has successfully performed more than 52 successful flights and the vehicle has since attained its operational status, it said.
