Ministry of Defence signs USD 248 million Deal with Russian Federation
The Ministry of Defence has signed a contract with Rosoboronexport (RoE), Russian Federation worth USD 248 million for procurement of 1000 HP Engines for T-72 Tanks in fully formed, completely knocked down and semi knocked down conditions.
The deal also includes Transfer of Technology (ToT) from M/s RoE to M/s Armoured Vehicles Nigam Limited (Heavy Vehicle Factory), Avadi, Chennai, for integration and subsequent licensed production of engines under ToT to boost the "Make in India' initiative in Defence Sector.
T-72 is the mainstay of tank fleet of the Indian Army which is at present fitted with 780 HP Engine. Equipping the existing fleet of T-72 Tanks with 1000 HP Engine will enhance the battle field mobility and offensive capability of Indian Army.
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