Updated By: LatestGKGS Desk
Union Cabinet Approves PSLV Mark III Continuation Programme Phase 6
Union Cabinet Approves Polar Satellite Launch Vehicle Mark-III Continuation Programme Phase-6 Details, Aim, Significance
Union Cabinet chaired by Prime Minister, Narendra Modi on 6th June 2018 has approved the Polar Satellite Launch Vehicle (PSLV) Continuation Programme (Phase 6) and financing of 30 PSLV operational flights under the proposed programme.
The approved programme will also meet the launch requirement of satellites for Earth observation, Navigation and Space Sciences. This will also ensure the continuity of production in Indian industry.
The total financing requirement is Rs. 6131.00 Crores and includes the cost of '30' PSLV vehicles, essential facility augmentation, Programme Management and Launch Campaign.
The operationalisation of PSLV has made the country self-reliant in the launching capability of satellites for earth observation, disaster management, navigation and space sciences. The PSLV Continuation programme will sustain this capability and self-reliance in the launching of similar satellites for national requirements.
The PSLV Continuation Programme – Phase 6 will meet the demand for the launch of satellites at a frequency up to eight launches per year, with maximal participation by the Indian industry. All the operational flights would be completed during the period 2019-2024.
The PSLV Continuation Programme was initially sanctioned in 2008, and four phases have been completed and the fifth phase is expected to be completed by Q2 of 2019-20. The Phase 6 approval will cater to the launch of satellite missions during the period Q3 of 2019-20 to Q1 of 2023-24.
