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New Delhi: CCS okays revised cost estimate for Kaveri engine

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  • New Delhi: CCS okays revised cost estimate for Kaveri engine

    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.
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