Tata Power bags Rs 490 crore order for 2 Pinaka regiments


Tata Power on Thursday said it has bagged an order worth Rs 490 crore from the Ministry of Defence to supply two Pinaka regiments. Pinaka regiment is a system of rocket launchers. Pinaka regiment isa system of rocket launchers.

“We are pleased to inform you that the Strategic Engineering Division (SED) of the company has signed thePinaka 3 contract with the Ministry of Defence, Government of India,” a BSE statement said.

Pinaka Multi Barrel Launcher RocketSystem is an all-weather indirect fire artillery rocket system.

According to the statement, the contract is awarded for two regiments of PinakaMultiple Rocket Launcher System.

News source: moneycontrol

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