Monday 12 January 2009

Chandryaan-1 not insured

Chandryon-1 not insured: Scientists firmly believed that Chandryon-1 project will definitely succeed and they not insured it. Total estimate of this project is Rs. 360 crores. 186 crore rupees have been expended for 44 feet four layer rocket and nearly 100 crore rupees expended for 32 meter giant antenna with deep rocket network. According to Mr. Madhavan Nayar, ISRO Chairman, Chandryon-1 not insured, since this project not for commercial purpose and usually satellites covers insurance. –dinamalar-

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