22 / 100

HAL  Signed an order worth ₹26,000 Cr with Defence Ministry

Ministry of Defence (MoD) has signed a contract with Hindustan Aeronautics Limited (HAL) for 240 AL-31FP Aero Engines for Su-30MKI aircraft at a cost of over Rs 26,000 crore.

These aeroengines will be manufactured by the Koraput Division of HAL and are expected to fulfil the need of the Indian Air Force to sustain the operational capability of the Su-30 fleet for the defence preparedness of the country. HAL would  supply 30 aero-engines per annum as per the contractual delivery schedule. The supply of all 240 engines would be completed over the period of next eight years.

During the manufacturing, HAL plans to take support from the country’s defence manufacturing ecosystem, involving MSMEs and public & private industries. By the end of the delivery programme, HAL would enhance the indigenisation content up to 63% to achieve an average of over 54%. This would also help increase the indigenous content of Repair and Overhaul tasks of the aero-engines.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

As you found this post useful...

Follow us on social media!

Please follow and like us:
Pin Share

By earn

You Missed

INTRADAY BUY PIND FOR 2 SEPTEMBER Stocks With Major Volume and News MUTUAL FUND SIP MONEY TRIPPLE IN 10 YEARS FII DATA 18 SEPTEMBER MIDCAP AND SMALL CAP SHARES SELL