<p> <i> 20.02 pm </i> ISRO’s launcher assembly unit gets Rs. 120 crore

ISRO’s proposal for having a second facility to assemble launchers at Sriharikota has got a Rs. 120-crore Budget boost. The amount is the first big allocation for additional infrastructure since it was approved in late 2013.

Estimated at Rs. 360 crore, the second Vehicle Assembly Building (SVAB) was conceived to increase the number of satellite launches from the Satish Dhawan Space Centre (SDSC) at Sriharikota.

M.Y.S. Prasad, Director of SDSC, said the project was going through a multiple tendering process to choose agencies that would build it over the next two years.

The SDSC has got a separate allocation of Rs. 559 crore.</p>