MoD signed a contract worth Rs 2580 cr with BEML, TPCL and L&T for Supply of Pinaka Regiments to Indian Army
The Acquisition Wing of the Ministry of Defence (MoD) has signed contracts with Bharat Earth Movers Ltd. (BEML), Tata Power Company Ltd. (TPCL) and Larsen & Toubro (L&T) for the supply of Six Pinaka Regiments to the Regiment of Artillery of the Indian Army at an approximate cost of Rs2580 Crores.
ii. This decision has been taken to further boost the ‘Make in India’ initiative of the Government of India in the Defence Sector.
The Six Pinaka Regiments comprises of 114 Launchers with Automated Gun Aiming & Positioning System (AGAPS) and 45 Command Posts to be procured from TPCL and M/s L&T and 330 Vehicles to be procured from BEML and their induction will be completed by 2024.