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MoD Signs Contract worth 409 cr with EEL for supply of Multi-Mode Hand Grenades to Indian Army

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MoD-signs-contract-worth-409-crore-with-Indian-CompanyCentre is pushing the public-private partnership (PPP) under Make in India initiative to develop cutting edge ammunition technologies with 100% Indigenous Content for Defence sector to accomplish the ultimate goal of Atmanirbhar Bharat.

In this regard, on October 1, 2020, the Acquisition Wing of Ministry of Defence (MoD) signed a contract with private company Economic Explosive Ltd (EEL) for supply of 10,00,000 Multi Mode Hand Grenades to the Indian Army at an approximate cost of Rs. 409 Crores. 

  • Notably, these grenades will replace the hand grenade design of World War-II vintage.
  • These grenades have been designed by Chandigarh based Terminal Ballistic Research Laboratories (TBRL) of Defence Research and Development Organisation (DRDO) and are being produced by EEL, Nagpur. 
  • With distinctive design, they can be used in both Offensive and Defensive Modes. 

Recent Related News:

i.On August 9, 2020, the Department of Military Affairs (DMA), Ministry of Defence (MoD) decided to restrict import of 101 weapons and military platforms, the embargo on which is planned to be progressively implemented between 2020 and 2024, in order to boost indigenous defence manufacturing. 

ii.In a major boost for Make in India, the first ever Pinaka rockets fully manufactured by the private sector company “Economic Explosives Ltd (EEL)” have been successfully test fired by the army at a firing range in Pokhran, Rajasthan.

About Economic Explosive Ltd (EEL):
EEL is a wholly owned subsidiary of Solar Industries headed by Satyanarayan Nuwal.
Headquarter– Nagpur, Maharashtra