5 PSLV rockets to be built by HAL-L&T: The Hindustan Aeronautics Limited, HAL-L&T consortium, making the industry’s first entrance into end-to-end production of polar satellite launch vehicles, has secured a Rs 860 crore contract from NewSpace India Limited to produce five rockets (PSLV rockets). The HAL-L&T cooperation won the right to produce PSLV from beginning to end after three bids were subjected to a techno-commercial examination.
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