Ministry of Defence clears Rs 4,000 crore deals
Posted December 18th, 2014, 10:51 AM IST
However, no decision was taken at the meeting on the pending proposal for manufacturing 56 transport aircraft by the Tata-Airbus combine to replace the IAF’s ageing Avro fleet. The plan is expected to cost about Rs 12,000 crore.
The proposals cleared include floating of a fresh RFP for acquisition of a survey vessel for Navy that is expected to cost about Rs 2,324 crore.
A fresh RFP will be issued after a decision to replace the proposed Naval Utility Helicopter on board with the Advanced Light Helicopter. The vessel will also be larger and heavier now.
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