+
DAC Approves Capital Acquisitions Worth Over Rs 540 Bn
DEFENSE

DAC Approves Capital Acquisitions Worth Over Rs 540 Bn

In a significant push towards modernising India’s defence forces, the Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh, has accorded Acceptance of Necessity (AoN) to eight capital acquisition proposals worth over Rs 540 billion.

Key Approvals for the Armed Forces Indian Army: Procurement of 1,350 HP engines to upgrade the existing 1,000 HP engines of T-90 tanks, enhancing battlefield mobility, particularly in high-altitude terrains.

Indian Navy: Procurement of Varunastra Torpedoes (Combat)—an indigenously developed, ship-launched anti-submarine torpedo by the Naval Science & Technological Laboratory—boosting the Navy’s anti-submarine warfare capabilities.

Indian Air Force: Procurement of Airborne Early Warning & Control (AEW&C) Aircraft Systems, which act as force multipliers, significantly enhancing battlefield awareness and combat potential across all weapon systems.

Accelerating Defence Procurements As part of the Ministry of Defence’s initiative to celebrate 2025 as the ‘Year of Reforms’, the DAC has also approved new guidelines aimed at reducing procurement timelines, making the capital acquisition process faster, more efficient, and effective.

This strategic boost to India’s defence capabilities aligns with the government’s commitment to self-reliance and modernisation, ensuring the armed forces remain combat-ready for future challenges.

Image Source: Deccan Herald

In a significant push towards modernising India’s defence forces, the Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh, has accorded Acceptance of Necessity (AoN) to eight capital acquisition proposals worth over Rs 540 billion. Key Approvals for the Armed Forces Indian Army: Procurement of 1,350 HP engines to upgrade the existing 1,000 HP engines of T-90 tanks, enhancing battlefield mobility, particularly in high-altitude terrains. Indian Navy: Procurement of Varunastra Torpedoes (Combat)—an indigenously developed, ship-launched anti-submarine torpedo by the Naval Science & Technological Laboratory—boosting the Navy’s anti-submarine warfare capabilities. Indian Air Force: Procurement of Airborne Early Warning & Control (AEW&C) Aircraft Systems, which act as force multipliers, significantly enhancing battlefield awareness and combat potential across all weapon systems. Accelerating Defence Procurements As part of the Ministry of Defence’s initiative to celebrate 2025 as the ‘Year of Reforms’, the DAC has also approved new guidelines aimed at reducing procurement timelines, making the capital acquisition process faster, more efficient, and effective. This strategic boost to India’s defence capabilities aligns with the government’s commitment to self-reliance and modernisation, ensuring the armed forces remain combat-ready for future challenges.Image Source: Deccan Herald

Next Story
Infrastructure Urban

Wipro, SAP Complete AusNet’s ERP Cloud Transformation

Wipro Limited, a leading AI-powered technology services and consulting company, has announced the early completion of a major cloud ERP transformation for AusNet, Victoria’s largest diversified energy network operator. Using RISE with SAP S/4HANA Cloud Private Edition, the programme replaced legacy systems with an integrated modern cloud platform, providing secure, scalable, and future-ready digital infrastructure.Delivered ahead of schedule in just 18 months, the transformation marks a significant milestone for AusNet. Chris Galland, Chief Technology Officer at AusNet, said: “This was mor..

Next Story
Real Estate

Royal Orchid Signs 70-Key Regenta Hotel in Bhopal

Royal Orchid Hotels Ltd (ROHL) has announced the signing of a new property in Bhopal, Madhya Pradesh, marking its latest expansion in northern India. The move aligns with the company’s strategy to grow in emerging and less explored regions, boosting tourism and hospitality in under-served destinations.Developed in partnership with Regenta Hotel Bhopal Airport, the 70-key property will operate under a management agreement, reflecting ROHL’s asset-light model and commitment to offering guests a high-quality stay experience.Located on Airport Road, just 1 km from Raja Bhoj International Airpo..

Next Story
Infrastructure Urban

IRFC Refinances Rs 25.39 Billion for Angul Sukinda Railway

Indian Railway Finance Corporation (IRFC) has executed a refinancing facility worth Rs 25.39 billion for Angul Sukinda Railway Limited (ASRL), a special purpose vehicle within the railway ecosystem. The loan agreement was signed at IRFC’s New Delhi office by ASRL Managing Director Dilip Kumar Samantray and IRFC Executive Director (Finance) Deepa Kotnis, in the presence of senior officials from both organisations.Founded in 1986 as the dedicated financing arm of the Ministry of Railways, IRFC plays a key role in mobilising resources at competitive rates to strengthen India’s rail infrastruc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?