Dr Jitendra Singh says, 10 (Ten) in-orbit operational communication satellites have been transferred from Government of India to M/s. New Space India Ltd (NSIL), a CPSE under Department of Space

Dr Jitendra Singh says, 10 (Ten) in-orbit operational communication satellites have been transferred from Government of India to M/s. New Space India Ltd (NSIL), a CPSE under Department of Space

Dr Jitendra Singh said, 10 (Ten) in-orbit operational communication satellites have been transferred from Government of India to M/s. New Space India Ltd (NSIL), a CPSE under Department of Space.

In a written reply to a question in the Lok Sabha today, Dr Jitendra Singh said, communication satellites viz. GSAT-8, GSAT-10, GSAT-12R (CMS-01), GSAT-14, GSAT-15, GSAT-16, GSAT-17, GSAT-18, GSAT-30 and GSAT-31 have been transferred at a written down value of Rs 4697.60 crores against issue of equity to Government of India, with 01.04.2021 as the effective date of transfer.