Due to the persistent fall of rupee against the US dollar since the last four months, a Maharashtra Government deal to b♏uy a helicopter has seen a cost escalation od Rs 18 crore, according to a Government Resolution issued on Tuesday.
Tꦇhe Indian rupee Monday crashed below the 72-mark to end at a life-low of 72.45 against the US dollar.
Due to the persistent fall of rupee against the US dollar since the last four months, a Maharashtra Government deal to b♏uy a helicopter has seen a cost escalation od Rs 18 crore, according to a Government Resolution issued on Tuesday.
The GR said Maharashtra G𒈔overnment has revised its estimate for procuring US-ba𝓡sed Sikorsky company's helicopter for VIP travel "in view of the increasing rate of dollar as compared to rupee".
In May, the amount was estimated a♓t Rs 127.11 crore, considering the rupee rate at Rs 70 per dollar, the GR said. "D📖ue to increased rate of dollar as compared to rupee, the price has now been revised to Rs 145.27 crore considering the rupee rate at Rs 80 per dollar," it added.
This marks an upward price revision of Rs 👍18.16 crore.
The Indian rupee Monday crashed below the 72-mark to end at a life-low of 72.45 against t🐼he US dollar.
The state government grounded its helicopte𝔍r, also a Sikorsky, after it crash-landed la🌱st year with Chief Minister Devendra Fadnavis on board. It has since been chartering helicopters for the use of the chief minister and Governor Ch. Vidyasagar Rao.
In July, Sikorsky announced the sale of an S-76D aircraft to Maharashtra Government𒀰, the first sale of an S-76D helicopter in India. The delivery is scheduled💜 in 2019, a company official had said.
The S-76D helicopter introduction has been quite successful in the Indo-Pacific region, with more than 30 aircraft sold and𝓀 delivered in the last fiv💞e years.
The🌠 helicopter has been selected and proven for multiple mission requirements ranging from naval and coast guard operations to executive transport.
The S-76D helicopter VIP options include a customised interior with seating for five to eight passengers. It ca🅘n hold its rotor system still while running an engine to power the on-board air-conditioning system for safe, comfortable loading and unloading into the pre-cooled cabin during the summer season and hot climates.
PTI