HAL-L&T to build five PSLV rockets, bags Rs 860 crore deal from NSIL for the project

The Hindustan Aeronautics NSE 0.40 % Limited-L&T consortium on Sunday bagged a Rs 860 crore deal from NewSpace India Limited to build five rockets. This will mark industry’s maiden foray into end-to-end production of Polar Satellite Launch Vehicles (PSLVs), reported news agency PTI.

The contract is for manufacturing five PSLV rockets, the versatile workhorse launch vehicle of India.

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