MoD signs contracts worth Rs 2580 Cr with 3 Indian Companies to supply Pinaka Regiments to Indian Army

The Acquisition Wing of Ministry of Defence (MoD) has signed contracts with three private companies, inlcuidng Bharat Earth Movers Ltd. (BEML), Tata Power Company Ltd. (TPCL) and Larsen & Toubro (L&T) for supply of Six Pinaka Regiments to the Regiment of Artillery of the Indian Army.
This is a flagship project of the Government of India showcasing public private partnership and aims to further boost to the ‘Make in India’ initiative of Government of India in the Defence Sector and enable “Aatmnirbharta” in cutting edge Defence technologies.
The approximate cost of this project is estimated at Rs. 2580 Crores.
These Six Pinaka Regiments is planned to be completed by 2024.
They will be operationalised along the Northern and Eastern Borders of the country.
The Six Pinaka Regiments will comprise of:
- 114 Launchers with Automated Gun Aiming & Positioning System (AGAPS) and 45 Command Posts. These will be procured from TPCL and L&T.
- 330 Vehicles. They will be procured from BEML.