Adani and L&T are also in the race to get agreements for space launch vehicles, deals with private companies for the first time.
The three entities set their bids on July 30 after New Space India Limited (NSIL), a PSU operating under the Department of Space (DOS) issued an RFP (request for proposal) about the similarities.
Three entities—a consortium led by the Adani Group, added one led by L&T, and a single company is competing to acquire a PSLV contract for building five launch vehicles.
Gautam adani
- This will be the prime time when entities outside ISRO will build a launch vehicle end-to-end.
- This contract is possible to be awarded by the end of 2021 and the decided entity will be a licensed producer.
New Space India Limited
The three entities placed their bids on July 30 after New Space India Limited (NSIL), a PSU working under the Department of Space (DoS) issued an RFP (request for proposal) regarding the same, reported Times of India. The NSIL was initially launched as a commercial arm of ISRO and later mandated with the production of rising launch vehicles, owning satellites, and much more.
ISIL declared an expression of interest (EoI) for five PSLVs to which five entities had acknowledged and the RFP for this was then issued in December 2020.
“There were five players who responded to the EoI; three have presented bids after the RFP just over three weeks,” a senior official informed the publication.
Three entities
The three entities – a consortium comprising Adani-Alpha Design, Bharat Electronics Limited (BEL), and Bharat Earth Movers Limited (BEML), another one including Hindustan Aeronautics Limited (HAL) and L&T have bid as group entities whereas Bharat Heavy Electricals Limited (BHEL) has bid for this contract as a single company.
The contract is not only aimed at furthering the Centre’s Make-in-India but also at ramping up ISRO’s capabilities to launch more satellites in the coming years, as per a DoS communiqué.
“The techno-commercial evaluation is started, after which the bids will be opened.
We are expecting of completing the whole process in a few months, and cannot comment on anything more at this juncture,” NSIL Managing Director and Chairman Radhakrishnan D said.
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