DAC nod for procurement of 1,000 engines of for T-72 tanks

Image
IANS New Delhi
Last Updated : Sep 25 2018 | 9:55 PM IST

The Defence Acquisition Council (DAC) chaired by Defence Minister Nirmala Sitharaman on Tuesday accorded approval for procurement of 1,000 engines for T-72 tanks that would improve the tanks agility and acceleration.

The engines of 1,000 bhp each would be procured under "Buy and Make" category at a cost of around Rs 2,300 crore.

"The engines will enhance mobility, agility and acceleration of T-72 tanks making them more versatile and effective in the battlefield," an official release said.

Post transfer of technology most of these engines will be manufactured by Ordnance Factories Board (OFB).

The DAC also discussed and approved several amendments to the Defence Procurement Procedure (DPP) 2016 -- the manual governing the defence procurements - in order to reduce time in defence procurements and streamline procurement procedures.

The significant changes include limiting the time period for executing Repeat Order to five years after date of completion of warranty of final delivery in the previous contract.

Repeat Order provisions have also been extended to procurements by other services like the Central Armed Police Force (CAPF) and the Border Roads Organisation (BRO).

The amendments also include permissions to commence with benchmarking of cost for equipment immediately on receipt of the trial report in the Service headquarter.

--IANS

mak/nir

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 25 2018 | 9:48 PM IST

Next Story