India, France ink intergovernmental pact sealing Rs 64,000 cr deal to procure 26 Rafale jets
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New Delhi (PTI): India and France on Monday inked an intergovernmental agreement to procure 26 naval variants of Rafale fighter jets at a cost of around Rs 64,000 crore for the Indian Navy.
The pact provides for setting up of a production facility for Rafale fuselage as well as maintenance, repair and overhaul facilities for aircraft engines, sensors and weapons in India, according to the defence ministry.
The agreement will also facilitate the transfer of technology for the integration of indigenous weapons in India, it said without elaborating.
The ministry said the delivery of the aircraft would be completed by 2030, with the crew undergoing training in France and India.
India is procuring the jets for deployment on board aircraft carrier INS Vikrant.
Manufactured by French defence major Dassault Aviation, the Rafale-Marine is a carrier-borne combat-ready aircraft with proven operational capabilities in the maritime environment.
The sealing of the mega deal came three weeks after the Cabinet Committee on Security (CCS) headed by Prime Minister Narendra Modi cleared the procurement.
Under the terms of reference, the delivery of the jets will have to start around five years after the signing of the contract.
In July 2023, the defence ministry accorded the initial approval for the mega acquisition following a series of deliberations and evaluation tests of the platform.
Under the deal, the Indian Navy will also get associated ancillary equipment including weapon systems and spares from Dassault Aviation.
The defence ministry said that the Rafale-Marine has commonality with the Rafale being operated by the Indian Air Force (IAF).
"Its procurement will substantially enhance joint operational capability, besides optimising training and logistics for the aircraft for both Indian Navy and IAF," it said in a statement.
"The induction would lead to the addition of a potent force multiplier to the Indian Navy's aircraft carriers, substantially boosting the nation's air power at sea," it said
The intergovernmental pact has been signed by Defence Minister Rajnath Singh and France's Minister of Armed Forces Sebastien Lecornu.
The signed copies of the agreement, aircraft package supply protocol and weapons package supply protocol were exchanged by Indian and French officials, the defence ministry said.
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PM unveils Rs 10,601-cr fertiliser plant in Assam, unit to be commissioned by 2030
Namrup (PTI): Prime Minister Narendra Modi on Sunday laid the foundation stone of a Rs 10,601-crore brownfield ammonia-urea plant in Dibrugarh district of Assam.
The facility – Assam Valley Fertiliser and Chemical Company Ltd (AVFCCL) – will have an annual urea production capacity of 12.7 lakh metric tonnes and the project is scheduled for commissioning in 2030.
The PM, on the last day of his two-day Assam visit, laid the foundation stone of the plant here, located within the existing premises of the Brahmaputra Valley Fertiliser Corp Ltd (BVFCL).
In July this year, AVFCCL was incorporated at Namrup in Dibrugarh. The projectwas approved by the Union Cabinet in March this year.
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AVFCCL is a joint venture among the Assam government, Oil India, National Fertilisers Ltd (NFL), Hindustan Urvarak & Rasayan Ltd (HURL) and BVFCL.
Modi arrived in Assam on Saturday on a two-day visit, during which he unveiled multiple projects worth Rs 15,600 crore, months before the assembly polls next year.
"The AVFCCL Namrup ammonia-urea project is being established as a modern, energy-efficient, world-class fertiliser complex with an annual urea production capacity of 12.7 lakh metric tonnes, at an estimated investment of Rs 10,601 crore," the company said in a statement.
It said this upcoming facility will play a pivotal role in meeting the fertiliser requirement of Assam, the northeast region, West Bengal, Bihar, Jharkhand and eastern Uttar Pradesh.
"Beyond fertiliser security, the project is expected to act as a major catalyst for industrial growth, employment generation and regional economic development, creating hundreds of direct jobs and thousands of indirect employment opportunities," AVFCCL said.
The company also asserted that the foundation stone laying ceremony marked the revival of Namrup's legacy as the cradle of India's gas-based fertiliser industry, and will herald a new chapter of growth, sustainability and agricultural prosperity for the entire region.
The 'Bhoomi Poojan' took place in presence of Assam Governor Lakshman Prasad Acharya, Chief Minister Himanta Biswa Sarma along with other ministers, MPs, MLAs, senior officials and representatives of stakeholder organisations of the new company.
The state-run BVFCL is the only urea-making facility in the eastern India. The facility started production in January 1969, as a part of the Hindustan Fertiliser Corp Ltd (HFCL).
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BVFCL was formed in April 2002 after hiving off the Namrup Unit of HFCL. It is under the administrative control of the Ministry of Chemicals and Fertilisers, with 100 per cent shareholding by the Government of India.
It is touted to be the first factory of its kind in India to use associated natural gas as basic raw material for producing nitrogenous fertiliser.
The company has played a crucial role in the development of the northeastern region and providing farmers urea fertiliser, which is produced from cheap and locally available domestic natural gas, officials said.
As per the official website of the Department of Fertilisers, the company is now producing neem-coated urea and two organic fertilisers – liquid bio fertiliser and vermi compost under the brand name of 'Mukta'.
BVFCL has two operable ammonia urea units at Namrup, with small capacities, which were established in 1976 and 1987.
