Deals3 Jul 2024, 09:03 pm
Taneja Aerospace & Aviation Receives Rs. 14.47 Crores Order from Bharat Electronics for Aircraft Modification
AI Summary
Taneja Aerospace & Aviation Limited (TAAL) has received an order from Bharat Electronics, a Government of India Enterprise, for the modification and installation of the SARANG system on Kamov-31 for 12 Nos. The total basic order value is Rs. 14,47,80,000/- (Rupees Fourteen Crores Forty Seven Lakhs Eighty Thousand Only) and is to be executed over the next three years. This order falls under domestic service contracts and does not involve any related party transactions.
Key Highlights
- Order received from Bharat Electronics, a Government of India Enterprise.
- Modification and installation of the SARANG system on Kamov-31 for 12 Nos.
- Total basic order value of Rs. 14,47,80,000/-
- Order to be executed over the next three years.
- Does not involve any related party transactions.