NewSpace India Limited (NSIL)

The world's most populous nation expects to add 15.4 gigawatts in the year through March 2025, the most in nine years

By 2025, the so-called space economy is projected to grow to $600 billion from $447 billion in 2020, according to Ernst & Young estimates

In line with its vision for self-reliance, the Defence Ministry on Wednesday signed signed three contracts -- two with Bharat Electronics Limited and one with NewSpace India Limited -- worth nearly Rs 5,400 crore to bolster the defence capabilities of the country. The first contract with BEL pertains to procurement of Automated Air Defence Control and Reporting System, 'Project Akashteer', worth Rs 1,982 crore for the Indian Army, the ministry said in a statement. The second contract with BEL relates to acquisition of Sarang Electronic Support Measure (ESM) systems along with associated engineering support package from BEL, Hyderabad, at an cost of Rs 412 crore for the Indian Navy, it said. "The contract with NSIL, a central Public Sector Enterprise under the Department of Space, Bengaluru, pertains to procurement of an advanced communication satellite, GSAT 7B, which will provide high throughput services to the Indian Army at an overall cost of Rs 2,963 crore.

Revised telecom bill will aim to list guidelines for satellite spectrum, say officials; several stakeholders have argued for separate provisions

"Happy Diwali! We started celebrations already at the Satish Dhawan Space Centre," said Sreedhara Panicker Somanath, chairman, Isro

OneWeb, the Low Earth Orbit (LEO) satellite communications company, on Tuesday announced the arrival of 36 satellites at Satish Dhawan Space Centre (SDSC- SHAR) ahead of a planned launch from Sriharikota. OneWeb has teamed up with NewSpace India Limited (NSIL), the commercial arm of national space agency Indian Space Research Organisation (ISRO) to facilitate the launch. With this launch, OneWeb will have over 70 per cent of its planned 'Gen 1 LEO constellation' in orbit as it progresses to deliver high-speed, low-latency connectivity services around the world, the company said in a statement. "The launch will be the company's 14th overall and the satellites will be put into orbit by the heaviest ISRO rocket, the GSLV-MkIII, from the Satish Dhawan Space Centre," the statement said. An additional launch will take place this year, while three more launches are targeted for early next year to complete the constellation, OneWeb said. The company termed the upcoming launch as pivotal .

The resulting explosion of bandwidth would provide a big boost to commerce in underserved areas

Isro has been providing satellite launch services since 1990 through the PSLV, launching 319 customer satellites from 33 countries

The government Thursday said Adani Enterprises Limited and L&T are part of two consortia led by State-run enterprises that have evinced interest in building the Polar Satellite Launch Vehicle (PSLV), the ISRO's warhorse rocket to put satellites in orbit. In a bid to encourage private sector participation in the space sector, New Space India Limited (NSIL), a company under the Department of Space, had invited proposals from the Indian industry to build five PSLVs. Minister of State in the PMO Jitendra Singh said two consortia, one comprising Hindustan Aeronautics Limited and Larsen & Toubro, and another involving Bharat Electronics Limited (BEL), Adani Enterprises Limited (AEL) and Bharat Earth Movers Limited (BEML), have submitted techno-commercial proposals for building PSLV. State-run Bharat Heavy Electrical Limited too has submitted a techno-commercial proposal for end-to-end realisation of PSLV, he told the Rajya Sabha in response to a question by NCP member Vandana ...

He said that the NSIL was set up to meet the ever-increasing demands of Indian space programme and to commercially exploit the emerging global space market.

NSIL was incorporated on March 6 2019, for commercially utilising research and development activities carried out by ISRO in the area of space