India Signs 2,563-Crore Contract for Military Communication Satellite for Its Air Force
The Indian Ministry of Defence signed a 2,563-crore rupee contract with NSIL to supply the GSAT-7C satellite for the Air Force, as part of a two-deal package totaling 4,106 crore.
The Indian Ministry of Defence signed a contract worth 2,563 crore rupees with the Bengaluru-based NewSpace India Limited (NSIL) to supply the indigenously manufactured GSAT-7C communication satellite for the Indian Air Force.
This contract comes as part of a two-deal package worth a total of about 4,106 crore rupees, signed by the Ministry in New Delhi on October 15.
The package included a second deal worth 1,543 crore rupees awarded to Bharat Dynamics for the supply of Varunastra heavy torpedoes.
The two deals were signed in the presence of the Additional Secretary and Director General Acquisition in the Ministry of Defence, A. Anbarasu, according to a statement from the ministry. The statement explained that the GSAT-7C satellite will enhance the secure, resilient, and continuous communication capabilities of the Indian Air Force's assets, boosting its operational efficiency.
What do these terms mean?
Crore: An Indian unit of measurement equal to 10 million, meaning 2,563 crore is equal to about 25.6 billion rupees.
NSIL: Abbreviation for NewSpace India Limited, the government entity that signed the new satellite contract with the Indian Ministry of Defence.
GSAT-7C: A military communication satellite indigenously manufactured in India, designated to serve the Indian Air Force.
Varunastra Torpedo: A heavy torpedo supplied by Bharat Dynamics, an underwater-launched weapon designed to target ships and submarines.
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