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Govt clears defence projects worth Rs 15,000 crore - The Times of India
NEW DELHI: The defence ministry on Tuesday cleared several military modernization proposals worth over Rs 15,000 crore, ranging from the Rs 7,000 crore acquisition of 48 more Mi-17V5 helicopters from Russia to the Rs 4,700 crore induction of seven additional indigenous Akash missile squadrons.
The defence acquisitions council, chaired by defence minister Manohar Parrikar, however, deferred decisions on two mega proposals — the Rs 80,000 crore Project-75-India for the construction of six advanced stealth submarines and the Rs 15,000 crore project for 110 naval utility helicopters. Both the long-pending proposed projects are to be undertaken in India with foreign collaboration.
READ ALSO: Govt moves to turn Buyer's Navy into a Builder's Navy
"The two projects need more deliberations," said an officer.
The biggest proposal to be cleared was the procurement of 48 medium-lift Mi-17V5 armed helicopters, used to ferry troops and cargo, for IAF. India is already inducting 139 of these helicopters — one has already crashed — under deals worth over $2 billion inked with Russia.
The DAC also gave the go-ahead to the induction of seven squadrons of the Akash-2 surface-to-air missiles, which have a 25km range against hostile aircraft, helicopters, drones & subsonic cruise missiles, into IAF.
READ ALSO: Surface-to-air missile 'Akash' inducted in IAF
IAF had earlier ordered eight Akash-1 missile squadrons for Rs 6,200 crore, six of which are being deployed in the northeast to counter China's build-up of military infrastructure all along the 4,057km line of actual control. The other two squadrons have come up at the Mirage-2000 fighter base in Gwalior and Sukhoi-30MKI base in Pune.
The DAC also cleared eight indigenous Chetak helicopters (Rs 300 crore), nine tugs (Rs 300 crore), dockyard repair facilities for Revathi radars (Rs 30 crore) and electronic warfare systems (Rs 200 crore) for Navy. IAF, in turn, will get four surveillance radars (Rs 270 crore), while Army 102 short-span bridges (Rs 490 crore).
NEW DELHI: The defence ministry on Tuesday cleared several military modernization proposals worth over Rs 15,000 crore, ranging from the Rs 7,000 crore acquisition of 48 more Mi-17V5 helicopters from Russia to the Rs 4,700 crore induction of seven additional indigenous Akash missile squadrons.
READ ALSO: Govt moves to turn Buyer's Navy into a Builder's Navy
"The two projects need more deliberations," said an officer.
The biggest proposal to be cleared was the procurement of 48 medium-lift Mi-17V5 armed helicopters, used to ferry troops and cargo, for IAF. India is already inducting 139 of these helicopters — one has already crashed — under deals worth over $2 billion inked with Russia.
The DAC also gave the go-ahead to the induction of seven squadrons of the Akash-2 surface-to-air missiles, which have a 25km range against hostile aircraft, helicopters, drones & subsonic cruise missiles, into IAF.
READ ALSO: Surface-to-air missile 'Akash' inducted in IAF
IAF had earlier ordered eight Akash-1 missile squadrons for Rs 6,200 crore, six of which are being deployed in the northeast to counter China's build-up of military infrastructure all along the 4,057km line of actual control. The other two squadrons have come up at the Mirage-2000 fighter base in Gwalior and Sukhoi-30MKI base in Pune.
The DAC also cleared eight indigenous Chetak helicopters (Rs 300 crore), nine tugs (Rs 300 crore), dockyard repair facilities for Revathi radars (Rs 30 crore) and electronic warfare systems (Rs 200 crore) for Navy. IAF, in turn, will get four surveillance radars (Rs 270 crore), while Army 102 short-span bridges (Rs 490 crore).
..Dawali (Indian Festival) for Russia.
