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Cabinet okays extra funds for GSLV programme

fsayed

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NEW DELHI: The government on Friday approved an additional Rs 464 crore for completing the Geo-synchronous Satellite Launch Vehicle (GSLV) Mark-III programme.

Development of the GSLV Mark-III launch vehicle is expected to augment the capacity of the Indian space programme to launch 4T class satellites to Geo-synchronous Transfer Orbit and thereby significantly reduce the demand-supply gap of transponders in the country.

The project was approved in 2002 with an outlay of Rs 2,498 crore. The total amount for this programme has now been revised to Rs 2962.78 crore.

The additional amount (Rs 464.78 crore) approved by the Union Cabinet was required considering the cost escalation in the project elements and modifications in design.

The programme will be a major leap in technological complexity as compared to the ongoing Polar Satellite Launch Vehicle ( PSLV) and GSLV programmes.
 
The project was approved in 2002 with an outlay of Rs 2,498 crore. The total amount for this programme has now been revised to Rs 2962.78 crore.

just $480 million dollar for developing a launch vehicle....:yahoo:
 
Time for ISRO to speed up the devlopment of semi cryogenic engines.
 
NEW DELHI: The government on Friday approved an additional Rs 464 crore for completing the Geo-synchronous Satellite Launch Vehicle (GSLV) Mark-III programme.

Development of the GSLV Mark-III launch vehicle is expected to augment the capacity of the Indian space programme to launch 4T class satellites to Geo-synchronous Transfer Orbit and thereby significantly reduce the demand-supply gap of transponders in the country.

The project was approved in 2002 with an outlay of Rs 2,498 crore. The total amount for this programme has now been revised to Rs 2962.78 crore.

The additional amount (Rs 464.78 crore) approved by the Union Cabinet was required considering the cost escalation in the project elements and modifications in design.

The programme will be a major leap in technological complexity as compared to the ongoing Polar Satellite Launch Vehicle ( PSLV) and GSLV programmes.


What hell this idiots were doing till date. GSLV MK III is a very old program. They should have allocated fund a long back. They are doing all these gimmick in election time.

Time for ISRO to speed up the devlopment of semi cryogenic engines.


Yes semi cryo is very crucial. It will give a big boost to our space program in Future.
 
What hell this idiots were doing till date. GSLV MK III is a very old program. They should have allocated fund a long back. They are doing all these gimmick in election time.




Yes semi cryo is very crucial. It will give a big boost to our space program in Future.

Did you even bothered to read the artical?

The news is about increase in the funding.
 
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