Pixxel-led consortium makes ‘suicide bid’ at zero for EO PPP, to bear Rs 1,200-crore cost

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The Pixxel-led consortium, which got the government's contract to design, build, and operate India’s first fully indigenous commercial Earth Observation (EO) satellite constellation bid at zero cost. This means that the group will be forgoing the government’s public-private partnership (PPP) offer of up to Rs 350 crore in support.