Antrix of ISRO Logs Revenue of US $ 500 Mln (Rs 800 Cror) over Seven Year Period

Sarkaritel
By Sarkaritel November 26, 2014 19:07

Antrix of ISRO Logs Revenue of US $ 500 Mln (Rs 800 Cror) over Seven Year Period


By TN Ashok / Science Editor

New Delhi, November 26: Antrix, the commercial arm of India’s space agency Indian Space Research Organisation (ISRO) logged a revenue of a near Rs 800 crore (about US $ 500 million) over a seven year period commencing in 2007-08.

In the 12th five year plan period alone so far, Antrix earned a revenue of Rs 286.27 crore from commercial launches of satellites from different countries through its various space stations and launching pads spread through the country.

In 2013-14 financial year alone, ISRO earned a revenue of Rs 175 crore, the Lok Sabha was told today in a written reply by the Minister of State in the Ministry of Personnel, PG & Pensions and in the Prime Minister’s Office Dr. Jitendra Singh.

Commercial projects launched by Antrix Corporation Limited (during 11th plan and ongoing 12th plan) in collaboration with global space companies include building and delivery of two Communication Satellites namely (i) “W2M” Satellite for M/s. EUTELSAT, Paris and (ii) “Hylas” Satellite for M/s. Avanti Plc, UK in commercial partnership with M/s. EADS Astrium (presently, Airbus Defence and Space), a leading global aerospace company.

The Minister listed the achievements of Antrix Corporation Ltd (ACL) in commercial exploitation of space technology during 11th plan and ongoing 12th plan periods as :

  1. Launch services for 34 Satellites from 15 Countries on-board ISRO’s Polar Satellite Launch Vehicle.
  2. Built and delivered two Communications Satellites for international customers, viz., “W2M” Satellite for M/s. EUTELSAT, Paris; and, “Hylas” Satellite for M/s. Avanti Plc, UK.
  3. Built, launched and operationalised a communication satellite (GSAT-7) for strategic users in the country.
  4. Leasing of communication transponders of Indian INSAT/ GSAT satellites as well as of foreign satellites for Direct-To-Home television broadcasting, Data Networking, Financial Services, Telephony, etc., to Government, strategic and private users.
  5. Marketing of data from Indian Remote Sensing satellites (RISAT-1, Resourcesat-2, Oceansat-2, Cartosat-2 and     Cartosat-1) to international customers through establishment of ground stations and data processing facilities, as well as data reseller network.
  6. Mission Support Services to Intelsat (USA), CNES, (France) and DLR (Germany) using ISRO’s Telemetry, Tracking and Command Network.
  7. Supply of Ground Equipments for tele-education, tele-medicine; Automatic Weather Stations, reception of high-resolution remote sensing data by strategic sector and reception of satellite data for meteorological applications.
  8. In terms of revenue, the total revenue during 11th plan was      ` 3492.53 Crores and during the first two years of 12th plan (2012-14) was ` 1394.13 crores.

The Foreign Exchange earned from Commercial Exploitation of Space Technology during the said period, year-wise, is as under:

Sl.No. Year
  1. (in lakh)
Equivalent of USD (in lakh) Equivalent of EURO (in lakh)
1 2007-2008 12679.57 205.60 8.94
2 2008-2009 14031.38 244.28 24.12
3 2009-2010 13228.97 121.59 59.11
4 2010-2011 8077.64 179.98 40.86
5 2011-2012 3135.54 21.99 6.29
  11th Five Year Plan Total 51153.1 773.44 139.32
1 2012-2013 11157.01 39.90 130.97
2 2013-2014 17470.66 55.78 175.98
  12th Five Year Plan Total 28627.67 95.68 306.95
  Grand Total 79780.77 869.12 446.27

 

Sarkaritel
By Sarkaritel November 26, 2014 19:07