DAC Approves Capital Acquisitions Worth Over Rs 540 Bn
21 Mar 2025
1 Min Read
CW Team
In a significant push towards modernising India鈥檚 defence forces, the Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh, has accorded Acceptance of Necessity (AoN) to eight capital acquisition proposals worth over Rs 540 billion.
Key Approvals for the Armed Forces
Indian Army: Procurement of 1,350 HP engines to upgrade the existing 1,000 HP engines of T-90 tanks, enhancing battlefield mobility, particularly in high-altitude terrains.
Indian Navy: Procurement of Varunastra Torpedoes (Combat)鈥攁n indigenously developed, ship-launched anti-submarine torpedo by the Naval Science & Technological Laboratory鈥攂oosting the Navy鈥檚 anti-submarine warfare capabilities.
Indian Air Force: Procurement of Airborne Early Warning & Control (AEW&C) Aircraft Systems, which act as force multipliers, significantly enhancing battlefield awareness and combat potential across all weapon systems.
Accelerating Defence Procurements
As part of the Ministry of Defence鈥檚 initiative to celebrate 2025 as the 鈥榊ear of Reforms鈥�, the DAC has also approved new guidelines aimed at reducing procurement timelines, making the capital acquisition process faster, more efficient, and effective.
This strategic boost to India鈥檚 defence capabilities aligns with the government鈥檚 commitment to self-reliance and modernisation, ensuring the armed forces remain combat-ready for future challenges.
Image Source:聽Deccan Herald
In a significant push towards modernising India鈥檚 defence forces, the Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh, has accorded Acceptance of Necessity (AoN) to eight capital acquisition proposals worth over Rs 540 billion.
Key Approvals for the Armed Forces
Indian Army: Procurement of 1,350 HP engines to upgrade the existing 1,000 HP engines of T-90 tanks, enhancing battlefield mobility, particularly in high-altitude terrains.
Indian Navy: Procurement of Varunastra Torpedoes (Combat)鈥攁n indigenously developed, ship-launched anti-submarine torpedo by the Naval Science & Technological Laboratory鈥攂oosting the Navy鈥檚 anti-submarine warfare capabilities.
Indian Air Force: Procurement of Airborne Early Warning & Control (AEW&C) Aircraft Systems, which act as force multipliers, significantly enhancing battlefield awareness and combat potential across all weapon systems.
Accelerating Defence Procurements
As part of the Ministry of Defence鈥檚 initiative to celebrate 2025 as the 鈥榊ear of Reforms鈥�, the DAC has also approved new guidelines aimed at reducing procurement timelines, making the capital acquisition process faster, more efficient, and effective.
This strategic boost to India鈥檚 defence capabilities aligns with the government鈥檚 commitment to self-reliance and modernisation, ensuring the armed forces remain combat-ready for future challenges.Image Source:聽Deccan Herald
Next Story
Solarium To Launch Solar Module Unit In Gujarat
Solarium Green Energy Limited, a leading player in India鈥檚 rooftop solar segment, has announced its strategic re-entry into solar module manufacturing. The company plans to set up a fully automated, high-capacity manufacturing facility in Ahmedabad, Gujarat, with an annual output of 1,000 MW. The total estimated capital expenditure for the plant is around Rs 700 million, with additional working capital to be arranged in a 3:1 debt-to-equity ratio.This backward integration initiative is designed to strengthen Solarium鈥檚 control over critical components in its engineering, procurement and co..
Next Story
Inox Wind Energy To Merge With Inox Wind
The INOXGFL Group, a key player in India鈥檚 energy transition sector, announced that the National Company Law Tribunal (NCLT), Chandigarh Bench, has approved the merger of Inox Wind Energy Ltd (IWEL) into Inox Wind Ltd (IWL). The order, dated 10 June 2025, paves the way for streamlining the group鈥檚 wind energy vertical and strengthening the financial and operational base of the consolidated entity.Following the merger, IWL will see a significant improvement in its balance sheet with a reduction in liabilities of approximately Rs 20.5 billion. The amalgamation is also expected to deliver enh..
Next Story
Hilton Develops India-Made Forged Railway Wheelsets
Hilton Metal Forging Ltd has successfully developed and manufactured indigenous Railway Forged Wagon Wheelsets, which have been inspected and approved by RITES, the Indian government鈥檚 quality assurance agency. Each wheelset includes two forged wheels and one forged axle, with every rail coach or wagon requiring four such wheelsets.The company aims to meet the growing demand from Indian railway wagon manufacturers and reduce reliance on Chinese imports. Under the 鈥淢ake in India鈥� initiative, Hilton plans to manufacture over 3,000 wheelsets in FY26 and scale up to more than 12,000 units in..
