Tata Power SED in Rs 1,200 cr deal to supply radars to Indian Navy

Tata Power Strategic Engineering Division said it has received a contract worth Rs 1,200 cr to supply 23 ship-borne 3D air surveillance radars to the Indian Navy over the next ten years.

The equipment will be produced under a transfer of technology arrangement with Spain’s Indra Sistemas, one of the world’s biggest suppliers of air traffic control solutions to airports around the world.

The contract was signed under the Buy & Make (India) category of the Defence Procurement Procedure (DPP) 2013.

Tata Power SED, the defence manufacturing arm of Tata Power, is in the process of being sold to Tata Advanced Systems Ltd, which has entered into a sales and purchase agreement with Tata Power for purchase of the unit.

In 2017, Tata Power SED had signed a contract with the Ministry of Defence for the supply of Portable Diver Detection Sonar (PDDS) for Indian Naval operations.

The 2017 contract, part of the ‘Make in India’ initiative was the second contract signed under the Ministry’s ‘Buy and Make’ (India) procurement.

Tata Power, together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 10757 MW, about 3.5% of India’s total power generation capacity.