NSIL to launch first 'demand driven' satellite, will lease it to Tata Sky

NSIL, in a statement issued on Friday, said that the entire satellite capacity on-board Gsat-24 will be leased to its customer M/s Tata Sky for meeting their DTH application needs, in the same TOI report.

BCCL
NSIL has been given the mandate to take on operational satellite missions through a 'demand-driven' model.
NewSpace India Ltd (NSIL), ISRO's new commercial wing, has just announced its first 'demand-driven' communication satellite mission as part of the government's reforms last year.

Under the said mission, the public sector undertaking will get its first four-tonne Ku-band communication satellite 'Gsat-24' made by ISRO and launched by an Ariane-5 rocket belonging to French company Arianespace.

NSIL will then lease the satellite capacity to Tata Sky, according to a TOI report. NSIL has been given the mandate to take up operational satellite missions through a 'demand-driven' model.


The PSU has to build, launch, own and operate a satellite to provide its services to committed customers. Gsat-24 will be entirely funded by NSIL.

Its satellite capacity will be leased to M/s Tata Sky for meeting their DTH application needs, the report quoted NSIL as saying. NSIL plans to launch Gsat-24 in Q1 of 2022.

ISRO chairman K Sivan recently said NSIL would acquire three communication satellites -- Gsat-20, Gsat-22 and Gsat-24 -- which are made by the space agency.
ADVERTISEMENT

Earlier this year, NSIL launched its first mission , the PSLV-C51 launch vehicle, which carried into orbit Brazil’s Amazonia-1 satellite and 18 co-passenger satellites
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Science › NSIL to launch first 'demand driven' satellite, will lease it to Tata Sky
Text Size:AAA
Success
This article has been saved

*

+