Corporate News     14-Mar-24
HAL wins order of Rs 8073 cr from Ministry of Defence
Hindustan Aeronautics announced that the Ministry of Defence signed two contracts for a combined value of Rs 8073.17 crore with the Company on 13 March 2024 for acquisition of 34 Advanced Light Helicopters (ALH) Dhruv Mk III along with Operational Role Equipment for Indian Army (25 ALHs) and Indian Coast Guard (09 ALHs).

The ALH Dhruv Mk III UT (Utility), the Indian Army version, is designed for Search & Rescue, Troop Transportation, Internal Cargo, Recce/ Casualty Evacuation etc. It has proved its performance in high altitude regions like Siachen Glacier and Ladakh.

The ALH Mk III MR (Maritime Role), the ICG version, is designed for Maritime Surveillance and Interdiction, Search and Rescue, Rappelling Operations and also for Cargo & Personnel Transportation, Pollution Response using external cargo carrying capability and Medical Casualty Evacuation. It has proved its mettle even in adverse atmospherics conditions over sea and land.

The project will generate employment of an estimated 190 Lakh Man-Hours during its duration. It will also entail supply of equipment from more than 200 MSMEs and 70 local vendors will be involved in the indigenisation process which is likely to have a positive impact on employment generation in this sector,thus furthering the vision of 'Aatmanirbhar Bharat'.

Previous News
  Hindustan Aeronautics
 ( Results - Analysis 17-Nov-22   20:38 )
  HAL receives income tax refund of Rs 570 cr
 ( Hot Pursuit - 06-Mar-23   11:46 )
  Hindustan Aeronautics to hold board meeting
 ( Corporate News - 01-Feb-24   13:30 )
  HAL announces revision in LCA IOC contract value
 ( Corporate News - 06-Mar-24   17:11 )
  Hindustan Aeronautics announces cessation of Chairman and MD
 ( Corporate News - 01-Aug-22   10:39 )
  Hindustan Aeronautics schedules board meeting
 ( Corporate News - 01-Mar-23   19:21 )
  HAL jumps after bagging supply order from Guyana Defence Force
 ( Hot Pursuit - 26-Mar-24   10:59 )
  Market turns rangebound; pharma shares decline
 ( Market Commentary - Mid-Session 18-Jun-24   11:39 )
  Hindustan Aeronautics bags order for supply of 70 HTT-40 Basic Trainer Aircrafts for IAF
 ( Corporate News - 02-Mar-23   09:07 )
  HAL receives DGCA Type Certification for Hindustan 228-201 aircraft
 ( Corporate News - 19-May-22   16:19 )
  Hindustan Aeronautics to hold board meeting
 ( Corporate News - 08-Jun-23   20:03 )
Other Stories
  Vardhan Capital & Finance schedules AGM
  06-Jul-24   17:34
  Automotive Axles schedules AGM
  06-Jul-24   17:34
  Maruti Infrastructure to conduct AGM
  06-Jul-24   17:34
  Torrent Power schedules AGM
  06-Jul-24   17:34
  Raghav Productivity Enhancers to hold AGM
  06-Jul-24   17:34
  Berger Paints India schedules AGM
  06-Jul-24   17:33
  Walpar Nutritions to conduct AGM
  06-Jul-24   17:33
  Weizmann AGM scheduled
  06-Jul-24   17:33
  Gretex Industries schedules AGM
  06-Jul-24   17:33
  Karma Energy schedules AGM
  06-Jul-24   17:33
Back Top