Gautam Adani’s company Adani Enterprises Limited has shown interest in manufacturing the Polar Satellite Launch Vehicle (PSLV). Apart from this, L&T has also shown interest.
In fact, to encourage private sector participation in space, New Space India Limited (NSIL), a company under the Department of Space, had invited proposals from the Indian industry for the construction of five PSLVs.
Jitendra Singh gave information in the House: Minister of State in the Prime Minister’s Office, Jitendra Singh, in a written reply to a question, told the Rajya Sabha that two companies have submitted techno-commercial proposals for manufacturing PSLV. These include Hindustan Aeronautics Limited and Larsen & Toubro in one, Bharat Electronics Limited (BEL), Adani Enterprises Limited (AEL) and Bharat Earth Movers Limited (BEML) in the other.
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Adani Enterprises share price: The share price of Gautam Adani’s company Adani Enterprises has gained 1.13 percent. The share price of Adani Enterprises has increased to the level of Rs 1832. Talking about the market capital, it is Rs 2,01,556.69 crore.