CCS okays revised cost estimate for Kaveri engine
Sify, India
Dec 24 2004
New Delhi: The Cabinet Committee on Security (CCS) on Saturday approved
the revised cost estimate of Rs 2,800 crore for the Kaveri Engine
Project for India’s Light Combat Aircraft (LCA), Tejas. This was
stated by Defence Minister Pranab Mukherjee after the CCS meeting
chaired by Prime Minister Manmohan Singh.
The CCS “approved the revised cost estimate of Kaveri engine” which
has been placed at Rs 2,800 crore, Mukherjee said adding that Rs
1,300 crore had already been spent earlier on the indigenous project.
Two prototypes of LCA , being developed by Hindustan Aeronautics
Limited (HAL), Bangalore, have been test flown including at supersonic
speeds.
LCA, a versatile, light weight and multi-role combat aircraft, is
expected to be ready for induction in the Indian Air Force in another
three years time.
Mukherjee said the CCS approved a defence cooperation agreement with
Armenia which had been reached by the previous NDA regime in May
last year.