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Tata Power SED bags Rs 1,200 cr deal to modernise 37 military airfields

The new contract is a continuation of a previous order, must be executed over next four years

Ministry of Defence | Tata Power | Indian Air Force

ANI  |  New Delhi 

Coal and renewables help Tata Power double profit in Q1 at Rs 164 cr
Tata Power is India's largest integrated power company and has an installed capacity of 10,763 megawatts

Strategic Engineering Division (SED) on Monday announced the signing of a Rs 1,200 crore contract with for modernisation of infrastructure of 37 airfields of Indian Air Force, and

To be executed over the next four years, the contract involves supply, installation and commissioning of modern airfield equipment like CAT II instrument landing system and CAT II airfield lighting system along with other navigational aids and air traffic management system besides creating the required civil and electrical infrastructure.

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In March 2011, SED had obtained from a contract for about Rs 1,220 crore for modernisation of 30 airfields and successfully executed the same.

The new contract is a continuation of the previous order with additional 37 Airfields undergoing modernisation which will provide control of airfield systems to air traffic controllers, enhancing aerospace safety and operational capability by facilitating operations in poor visibility and adverse weather conditions.

Tata Power is in the process of selling its defence business (Tata Power SED) to Tata Advanced Systems Ltd (TASL) through a scheme of arrangement. The transfer of the business to TASL is already approved by the National Company Law Tribunal and is expected to be completed once regulatory and other routine approvals are received.

Tata Power is India's largest integrated power company and has an installed capacity of 10,763 megawatts together with its subsidiaries and jointly controlled entities.

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It has a presence across the entire power value chain -- generation of renewable as well as conventional power including hydro and thermal energy, transmission and distribution, trading and coal and freight logistics.

First Published: Mon, May 11 2020. 17:06 IST