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Bharat Electronics Ltd. — Capital/Financing Update 2023
Mar 23, 2023
60828_rns_2023-03-23_8ab6b272-6099-469f-aff3-e5899084b4a3.pdf
Capital/Financing Update
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SREENIVA S SRIPADA
Digitally signed by SREENIVAS SRIPADA DN: c=IN, o=BHARAT ELECTRONICS LIMITED, 2.5.4.20=2785c3f8889288c5c03452d0f6bfbd07ecfa7416298e4d510fd5354c33bb0aa8, ou=SECRETARIAT,CID - 6840256, postalCode=560045, st=Karnataka, serialNumber=8da16a32e5cf7b4693c748a3f167cf33b9870c0132bad61e7d1c3490de34d08f, cn=SREENIVAS SRIPADA Date: 2023.03.23 18:35:22 +05'30'
Press Release:
MOD SIGNS CONTRACTS WITH BEL AND INDIAN AIR FORCE
The Ministry of Defence (MoD) has signed two contracts worth of Rs. 3800 Crs with Bharat Electronics Ltd (BEL) a DPSU for supply of Medium Power Radar and Digital Radar Warning Receiver (RWR) for Indian Air Force.
The Medium Power Radar (Arudhara) for Indian Air Force is the state-of-the-art 4D Surveillance Radar equipped with Active Aperture Phased Array Radar technologies based on Solid State TR Module Transmission. The Radar is indigenously developed and being manufactured by BEL based on Electronics and Radar Development Establishment (LDRE) - DRDO design. The above system will further enhance the surveillance capability of Indian Air Force with the state-of-the-art Modern Radar Technologies including best in class ECCM capabilities.
The Digital Radar Warning Receiver (RWR) for Fighter Aircraft of Indian Air Force has been indigenously designed & developed by Combat Aircraft Systems Development & Integration Centre (CASDIC), DRDO. The supply of advanced EW Systems will significantly enhance the battle-suitability of IAF fighter aircraft while undertaking operational missions against adversaries.
These are flagship projects showcasing the indigenous design and manufacturing capabilities of Indian Defence industry led by BEL, involving other Public Sectors, Private Sectors and MSMEs. These projects will add another milestone to the ‘Atmanirbhar Bharat Abhiyaan’ and ‘Make in India’ initiative of the Government of India.
Digitally signed by SREENIVAS SRIPADA DN: c=IN, o=BHARAT ELECTRONICS LIMITED, 2.5.4.20=2785c3f8889288c5c03452d0f6bfbd07ecfa SREENIVA 7416298e4d510fd5354c33bb0aa8, ou=SECRETARIAT,CID - 6840256, postalCode=560045, st=Karnataka, serialNumber=8da16a32e5cf7b4693c748a3f167cf3 3b9870c0132bad61e7d1c3490de34d08f, S SRIPADA cn=SREENIVAS SRIPADA Date: 2023.03.23 18:35:39 +05'30'
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