Hindustan Aeronautics Limited (HAL) has signed a contract with Pawan Hans Ltd for the supply of 10 Dhruv NG Helicopters. The contract, signed in Hyderabad, includes associated spares and accessories and is valued at over ₹1800 Crore. The supply is expected to be completed by 2027. This agreement will further solidify the relationship between HAL and Pawan Hans.
Contract Overview
Hindustan Aeronautics Limited (HAL) has entered into an agreement with Pawan Hans Ltd for the supply of 10 Dhruv NG Helicopters. The contract encompasses the helicopters along with their necessary spares and accessories.
Financial Details
The estimated value of the contract exceeds ₹1800 Crore, marking a significant addition to HAL’s order book.
Key Terms
The entity awarding the contract is Pawan Hans Ltd, Noida, India. The contract’s primary terms involve the supply of 10 Dhruv NG Helicopters with associated spares and accessories.
Contract Timeline
The supply of the helicopters is projected to be completed by 2027.
Domestic Nature
This contract is awarded by a domestic entity and is also domestic in nature.
Source: BSE