NSIL inks contract with Arianespace to launch GSAT-24 telecommunication satellite in 2022
While GSAT-24 will be owned and operated by NSIL on a commercial basis, it will be leased to Tata Sky for meeting their DTH application needs.


Arianespace has a family of three launchers - Ariane, Soyuz and Vega - that it uses for different types of launches. Ariane is the heavy-lift launcher. Image credit: Wikipedia[/caption]GSAT-24 will be the 25th Indian satellite orbited by Arianespace.Arianespace has a family of three launchers - Ariane, Soyuz and Vega - that it uses for different types of launches. Ariane is the heavy-lift launcher.NSIL is ISRO's commercial arm and is part of the Central Public Sector Enterprise (CPSE), under the Department of Space (DOS). This mission is part of the Space reforms announced by the Government in June last year.Incorporated in March 2019, NSIL got mandated to undertake operational satellite missions on a “demand-driven” model. They are responsible to build, launch, own and operate the satellite and provide services to its committed customer."The entire satellite capacity on-board GSAT-24 will be leased to its committed customer M/s Tata Sky for meeting their DTH application needs," an NSIL statement said.NSIL also said it has entered into a necessary agreement with Tata Sky for utilising the satellite capacity. The GSAT-24 satellite wil be 'leased' to Tata Sky for meeting their DTH application needs.However, the GSAT-24 satellite will be owned and operated by NSIL on a commercial basis. The entire mission will be fully funded by NSIL.ISRO chairman K Sivan recently said NSIL would acquire three communication satellites - GSAT-20, GSAT-22 and GSAT-24 - which will all be developed by ISRO.

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