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NAL scouts for pvt partners for aircraft project

22 November 2010

HYDERABAD: National Aerospace Laboratories (NAL), the Bangalore-based nodal centre for the design of the Regional Transport Aircraft (RTA), is set to issue expressions of interest (EoIs) to invite potential partners for the project from the private sector, both from India and abroad, according to NAL director AR Upadhya, director (Council of Scientific and Industrial Research).

“The Centre has given us a directive to design a framework to form a joint venture (JV) for carrying out the RTA project through public-private partnership. We have already drafted the EoI, which will be issued in a month’s time. The JV will be for design, development and manufacture 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-scouts-for-pvt-partners-for-aircraft-project/415692/

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Written by csirindia

November 23, 2010 at 8:26 am

Posted in NAL

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