Indian Regional Navigation Satellite System Approved
The Union Cabinet today gave its approval to undertake the development and deployment of an Indian Regional Navigation Satellite System (IRNSS) at a cost of Rs. 1420 crores, with a foreign exchange component of Rs. 1100.00 crores excluding launch services.
IRNSS will provide an independent, indigenously developed constellation of satellites to provide satellite-based position, navigation and timing service for critical national applications.
The IRNSS Satellites are to be launched using India’s PSLV, as a part of PSLV-Continuation Programme.
The development and deployment of IRNSS constellation, the ground infrastructure , navigation, safety and certification, verification software is expected to be completed in 5-6 years from the date of approval of the project.
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YSR/DS
(Release ID :17521)