'ISRO examining business model for industries in satellite, rocket production'

Image
IANS Sriharikota (Andhra Pradesh)
Last Updated : Apr 04 2014 | 8:37 PM IST

The Indian space agency is working at preparing a business model to partner with industries - public and private - so that they have a higher level of participation in the space sector, said its chief.

"We are working at a possible model for investment, sharing of technology and responsibility with the industries. The response from the industries - public and private - is positive. It will take three or four years to arrive at a proper model," said Indian Space Research Organisation (ISRO) chairman K.Radhakrishnan.

To a question whether the model will be public-private-participation (PPP) model, he said: "I don't want to say one model. We will have a model that will work in India."

He said the industries' participation is sought to increase the production of satellites and rockets so that ISRO can focus on other core areas.

"We had discussions with industry bodies," Radhakrishnan said to queries about the names of the companies that have showed interest.

During the 12th Plan period, ISRO is planning to have 60 missions including satellites and rockets.

Speaking about the country's satellite navigation system after the successful launch of IRNSS-1B satellite (Indian Regional Navigation Satellite System-1B), he said the satellite is in good health.

The next task is the raising of the satellite's orbit.

According to Radhakrishnan, satellite navigation systems of the US and some other countries are global.

He said two more such satellites will be launched by the end of 2014 so that the system can send signals.

According to Radhakrishnan, three more navigational satellites will be launched early 2015 and the full system will be in place by mid-2015.

Queried about the outlay of the navigational system, Radhakrishnan said each satellite will cost around Rs.150 crore and there will be a total of nine (seven in the space and two as stand-by on ground). The total cost for the satellites will be around Rs.1,350 crore.

The Polar Satellite Launch Vehicle (PSLV) XL version used to put the satellites in orbit costs around Rs.130 crore and thus the seven rockets would involve an outlay of around Rs.910 crore.

In addition there will be investments made in setting up a chain of ground stations which will be around Rs.1,000 crore, he said.

According to Radhakrishnan, ISRO will be launching the French satellite SPOT-7 and four other foreign satellites in a PSLV rocket and also test its heavier rocket - the Geosynchronous Satellite Launch Vehicle (GSLV) Mark III version this June.

He said the rocket's cryogenic engine will be passive one. It is getting ready and by May 15 it will arrive here, he said.

Vikram Sarabhai Space Centre (VSSC) director S.Ramakrishnan said that the space crew capsule that will be sent up in the GSLV-Mark III rocket will be mainly to test its re-entry into the atmosphere and its recovery.

"The capsule is not habitable. The GSLV-Mark III rocket will be for testing its aerodynamic stability," he said.

Queried about the status of Mars orbiter, director A.S.Kiran Kumar said the orbiter is 35 million kilometers away from the earth traveling around 700,000 lakh km per day.

He said it takes two minutes for the signals to reach the Mars orbiter.

"The trajectory correction of Mars orbiter will be done in June," he said.

*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: Apr 04 2014 | 8:32 PM IST

Next Story