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NAL to invite pvt firms to design RTA

21 November 2010

HYEDERABAD: The Bangalore-based National Aerospace Laboratories (NAL), the nodal centre for the design of the Regional Transport Aircraft (RTA), would invite potential partners from the private sector, both from India and abroad, said A R Upadhya, director (council of scientific and industrial research), NAL.

“The Centre has given us a directive to design a framework to form a joint venture (JV) for carrying out the RTA project through a public-private partnership mode. We have already drafted an EoI (expressions of interest), which will be issued in a month’s time. The JV will be for design, development and manufacturing of the RTAs. It (JV) could be two separate entities, too. Roping in cost-sharing partners within a segment or a particular activity … that has to be looked at,” Upadhya said……

Read more: http://www.business-standard.com/india/news/nal-to-invite-pvt-firms-to-design-rta/415642/

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Written by csirindia

November 21, 2010 at 8:47 am

Posted in NAL

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