HAL Seeks Fresh Order For 83 LCA Tejas Aircraft From IAF; Awaits Clearance Of Dues Worth Rs 20,000 CroreLight Combat Aircraft Tejas (ADA)

State run aircraft make Hindustan Aeronautics Limited (HAL) is awaiting a nod from the Indian Air Force (IAF) to manufacture 83 more Tejas Light Combat Aircraft (LCA) Tejas in a deal worth Rs 59,000 crore, The Hindu has reported.

HAL also expects to deliver the first LCA made as per IAF’s final clearance configuration by December. HAL had initially supplied IAF 20 Tejas aircraft as per the Initial Operational Clearance (IOC).

As per HAL CMD R Madhavan, HAL has the capacity to build around 16 LCAs at its Bengaluru manufacturing facility. Madhavan also said that the firm awaits a fresh order for 83 more aircraft worth Rs 59,000 crore.

While the final order has been delayed following a price renegotiation, HAL first hopes to pending payments to the tune of Rs 20,000 crore from the IAF.

HAL which recently had to borrow Rs 1,000 crore to fulfil its short term cash demands like employee salaries, has stated that it would only be able to begin work on the 83 aircraft order after receiving the pending dues. These funds would be utilised for buying materials and commencing design works.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber