ISRO hires company to build future PSLV rockets
Capitalism in space: For the first time, India’s space agency ISRO is about to hire a private company to build five PSLV rockets, rather than supervise the construction in-house.
Hindustan Aeronautics Limited (HAL) and L&T consortium has emerged as the lowest bidder to make 5 Polar Space Launch Vehicles (PSLVs) for ISRO. “The company is the lead partner with L&T sharing the work. Other vendors too will be involved with the consortium in the manufacturing of the launch vehicles (LVs). However, the contract is yet to be formalised/ awarded,” HAL said in a statement.
If all goes as planned, the first rockets will be delivered late in ’24.
This contract changes less than it seems, though it is a step in the right direction. ISRO has for years hired private subcontractors to build its rockets and components. What is different now is that it appears that HAL is now the lead contractor, not ISRO. HAL however does not appear to own the rockets it builds, and thus will not be able to build more to sell launches to others. Until this happens, India’s space industry will remain wholly government run.
Capitalism in space: For the first time, India’s space agency ISRO is about to hire a private company to build five PSLV rockets, rather than supervise the construction in-house.
Hindustan Aeronautics Limited (HAL) and L&T consortium has emerged as the lowest bidder to make 5 Polar Space Launch Vehicles (PSLVs) for ISRO. “The company is the lead partner with L&T sharing the work. Other vendors too will be involved with the consortium in the manufacturing of the launch vehicles (LVs). However, the contract is yet to be formalised/ awarded,” HAL said in a statement.
If all goes as planned, the first rockets will be delivered late in ’24.
This contract changes less than it seems, though it is a step in the right direction. ISRO has for years hired private subcontractors to build its rockets and components. What is different now is that it appears that HAL is now the lead contractor, not ISRO. HAL however does not appear to own the rockets it builds, and thus will not be able to build more to sell launches to others. Until this happens, India’s space industry will remain wholly government run.