<p>New Delhi: The Cabinet Committee on Security approved on Monday a proposal for procurement of 240 aero-engines for Su-30MKI aircraft of the Indian Air Force from Hindustan Aeronautics Limited at a cost of over Rs 26,000 crore, the Defence Ministry said.</p><p>The delivery of these aero-engines would start after one year and be completed over a period of eight years, it said in a statement.</p><p>Su-30MKI is one of the most powerful and strategically significant fighter jet fleet of the Indian Air Force (IAF).</p>.Cabinet approves 7 schemes worth about Rs 14,000 crore for agricultural sector.<p>The Cabinet Committee on Security on September 2, "approved the proposal for procurement of 240 aero-engines (AL-31FP) for Su-30MKI aircraft of the Indian Air Force (IAF) under Buy (Indian) category from Hindustan Aeronautics Limited (HAL) at a cost of over Rs 26,000 crore inclusive of all taxes and duties," the ministry said.</p><p>The engines will have indigenous content of over 54 per cent, enhanced due to the indigenisation of some key components of aero-engines. These would be manufactured at Koraput division of HAL, the statement said.</p><p>"The supply of these aero-engines by HAL would meet the fleet sustenance requirement of IAF to continue their unhindered operations and strengthen the defence preparedness of the country," the ministry added.</p>
<p>New Delhi: The Cabinet Committee on Security approved on Monday a proposal for procurement of 240 aero-engines for Su-30MKI aircraft of the Indian Air Force from Hindustan Aeronautics Limited at a cost of over Rs 26,000 crore, the Defence Ministry said.</p><p>The delivery of these aero-engines would start after one year and be completed over a period of eight years, it said in a statement.</p><p>Su-30MKI is one of the most powerful and strategically significant fighter jet fleet of the Indian Air Force (IAF).</p>.Cabinet approves 7 schemes worth about Rs 14,000 crore for agricultural sector.<p>The Cabinet Committee on Security on September 2, "approved the proposal for procurement of 240 aero-engines (AL-31FP) for Su-30MKI aircraft of the Indian Air Force (IAF) under Buy (Indian) category from Hindustan Aeronautics Limited (HAL) at a cost of over Rs 26,000 crore inclusive of all taxes and duties," the ministry said.</p><p>The engines will have indigenous content of over 54 per cent, enhanced due to the indigenisation of some key components of aero-engines. These would be manufactured at Koraput division of HAL, the statement said.</p><p>"The supply of these aero-engines by HAL would meet the fleet sustenance requirement of IAF to continue their unhindered operations and strengthen the defence preparedness of the country," the ministry added.</p>