OTHER GROUP COMPANIES
market

HAL carries successful ground run and LSTT of prototype Hindustan-228 aircraft; Stock rallies over 1.5%

HAL Kanpur carried out the 1st Engine Ground Run of Hindustan-228 aircraft on 27th May 2021 in coordination with the DGCA team.

December 07, 2021 11:46 IST | India Infoline News Service
Hindustan Aeronautics
Raksha Rajya Mantri Ajay Bhatt in a written reply in the Rajya Sabha announced that Hindustan Aeronautics (HAL) had carried out a successful ground run and Low-Speed Taxi Trials (LSTT) of a prototype Hindustan-228 aircraft, a potential commercial aircraft after Type Certification by Directorate General of Civil Aviation (DGCA), India.

HAL Kanpur carried out the 1st Engine Ground Run of Hindustan-228 aircraft on 27th May 2021 in coordination with the DGCA team. Further, ground runs were also carried out for testing of various systems. Subsequently, the LSTT was carried out in coordination with the DGCA team on 15th August 2021 and the required test parameters were met.

Hindustan-228 aircraft is a variant of HAL manufactured Do-228 aircraft that is already deployed under the UDAN scheme. Hindustan-228 aircraft is being certified to the latest international airworthiness standards with a modern avionics system and will be suitable for operations under the UDAN scheme. Currently, HAL has entered into an agreement with M/s Alliance Air on 26th September 2021 for dry leasing of its two Do-228 aircraft for deployment in the North Eastern Region.

The project is funded by HAL. The total funds sanctioned and released by HAL for this project is Rs72.33cr for the prototype manufacturing and type Certification from DGCA. Additionally, Rs266.85cr have been sanctioned by HAL for the manufacture of six more aircraft.

At around 11.43 am, HAL was trading at Rs1297 per piece up by Rs19.55 or 1.5% on Sensex. The stock was near the day's high of Rs1302.15 per piece. 

OPEN A DEMAT ACCOUNT & Get FREE Benefits worth 10,000

OPEN A DEMAT ACCOUNT & Get
FREE Benefits worth 10,000

STOCK VIEW

PRESTIGE (NSE)

The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

FEATURED ARTICLE

BLOGS

Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity