<p>Adani Group and L&T, as separate consortiums, and Bharat Heavy Electricals Limited (BHEL), as a single firm, are competing to acquire a PSLV contract to build 5 launch vehicles, making it the first time any entity other than ISRO will be involved in building a launch vehicle, according to a <em>Times of India</em> <a href="https://timesofindia.indiatimes.com/india/adani-lt-in-race-for-deal-to-make-space-launch-vehicles/articleshow/85674630.cms" target="_blank">report</a>.</p>.<p>The report further mentions that the contract to be the licensed producer of the PSLV is likely to be awarded by the end of 2021.</p>.<p>All three entities had placed their bids for the same on July 30 after NewSpace India Limited (NSIL) had issued a request for proposal (RFP) on the contract. NSIL is a PSU that is functioning under the Department of Space (DoS).</p>.<p>“There were five players who responded to the expression of interest (EOI); three have submitted bids after the RFP just over three weeks ago,” a senior official <a href="https://timesofindia.indiatimes.com/india/adani-lt-in-race-for-deal-to-make-space-launch-vehicles/articleshow/85674630.cms" target="_blank">told</a> the publication.</p>.<p>Hindustan Aeronautics Limited (HAL) and L&T have formed one group, while Adani-Alpha Design, Bharat Electronics Limited (BEL) and Bharat Earth Movers Limited (BEML) have formed the other group for this.</p>.<p>NSIL Managing Director and Chairman Radhakrishnan D said that the techno-commercial evaluation was under way, after which the bids will be opened. He added that he was hopeful of completing the process in a "couple of months."</p>.<p>The contract, along with strengthening the Make in India initiative, also aims at expanding ISRO’s capabilities, the report added.</p>
<p>Adani Group and L&T, as separate consortiums, and Bharat Heavy Electricals Limited (BHEL), as a single firm, are competing to acquire a PSLV contract to build 5 launch vehicles, making it the first time any entity other than ISRO will be involved in building a launch vehicle, according to a <em>Times of India</em> <a href="https://timesofindia.indiatimes.com/india/adani-lt-in-race-for-deal-to-make-space-launch-vehicles/articleshow/85674630.cms" target="_blank">report</a>.</p>.<p>The report further mentions that the contract to be the licensed producer of the PSLV is likely to be awarded by the end of 2021.</p>.<p>All three entities had placed their bids for the same on July 30 after NewSpace India Limited (NSIL) had issued a request for proposal (RFP) on the contract. NSIL is a PSU that is functioning under the Department of Space (DoS).</p>.<p>“There were five players who responded to the expression of interest (EOI); three have submitted bids after the RFP just over three weeks ago,” a senior official <a href="https://timesofindia.indiatimes.com/india/adani-lt-in-race-for-deal-to-make-space-launch-vehicles/articleshow/85674630.cms" target="_blank">told</a> the publication.</p>.<p>Hindustan Aeronautics Limited (HAL) and L&T have formed one group, while Adani-Alpha Design, Bharat Electronics Limited (BEL) and Bharat Earth Movers Limited (BEML) have formed the other group for this.</p>.<p>NSIL Managing Director and Chairman Radhakrishnan D said that the techno-commercial evaluation was under way, after which the bids will be opened. He added that he was hopeful of completing the process in a "couple of months."</p>.<p>The contract, along with strengthening the Make in India initiative, also aims at expanding ISRO’s capabilities, the report added.</p>