News > Adani Group-Led Consortium, L&T, BHEL In Race To Acquire PSLV Contract

Adani Group-Led Consortium, L&T, BHEL In Race To Acquire PSLV Contract

Three entities—a consortium led by the Adani Group, another one led by L&T and a single company are competing to acquire a PSLV contract for building five launch vehicles.

This will be the first time when entities outside ISRO will build a launch vehicle end-to-end. This contract is likely to be awarded by the end of 2021 and the selected entity will be a licensed producer.