BEL and HAL sign Rs 2,400 crore contract for Tejas MK1A systems

22 Dec 2021 CW Team

Bharat Electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL) signed a Rs 2,400 crore contract on Thursday for the development and supply of 20 types of systems for the LCA Tejas MKIA programme.

BEL, which is also a defence PSU, will have five years to supply critical avionics Line Replacement Units (LRUS), flight control computers, and night flying LRUs from 2023 to 2028.

HAL called the contract a major step toward indigenisation, and said that this is the largest order HAL has ever placed on any Indian company.

The LCA Tejas programme, according to R Madhavan, CMD of HAL, is an excellent example of synergies between Indian defence establishments such as HAL, DRDO, and BEL.

The current order for the development and supply of 20 different types of systems for the Tejas MkjA is a boost for Make in India. Madhavan added that HAL is committed to using indigenous products.

Bharat Electronics Limited's Bengaluru and Panchkula divisions will fulfil the order for the supply of these systems for the Tejas MKJA fighter fleet of 83 aircraft (Haryana). BEL will deliver to HAL in a ready-to-board condition all of the contracted items.

Tejas Mk deliveries under 83 From FY 2023-24 onwards, an order to the IAF will be issued. The indigenous fighter will be outfitted with indigenous flight control computers and air data computers, both of which will be provided by BEL under this contract. DRDO and Bengaluru's Aeronautical Development Agency collaborated on the development of these systems.

Image Source

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..