Tata Power's defence business bags Rs 1,200-crore contract to modernise 37 airfields

Tata Power Strategic Engineering Division (Tata Power SED), a division of Tata Power Company, has signed a contract with the Ministry of Defence for modernisation of infrastructure at 37 airfields.

The contract is valued at about Rs 1,200 crore (US$ 170.24 million) under which the company will modernise infrastructure at airfields belonging to the Indian Airforce, Indian Navy and Indian Coast Guard. It will be executed over the next four years, the company said in a regulatory filing.

The company will supply, install and commission modern airfield equipment including Cat II Instrument Landing Systems and Cat II Airfield Lightning Systems, along with other navigational aids and air traffic management systems, besides creating the required civil and electrical infrastructure.

Earlier in March 2011, Tata Power SED had won a Rs 1,220-crore (US$ 173.07 million) contract for modernisation of 30 airfields.

Thus, the new contract for modernisation would give excellent control of airfield systems to air traffic controllers, enhancing aerospace safety and operational capabilities by facilitating operations in poor visibility and adverse weather conditions.

Tata Power SED, the defence business of Tata Power, is also in the process of being sold to Tata Advanced Systems Ltd (TASL) through a scheme of arrangement.

This transfer to TASL has been approved by the National Company Law Tribunal (NCLT) and is expected to be completed once regulatory and other routine approvals are received.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.