A Third Launch Pad approved at Sriharikota for Rs. 3984.86 Crore

Background

The Union Cabinet approved the establishment of the Third Launch Pad at the Satish Dhawan Space Centre of ISRO at Sriharikota, Andhra Pradesh.
The project envisages launch infrastructure for the Next Generation Launch Vehicles of ISRO and a standby launch pad for the Second Launch Pad at Sriharikota, and will enhance launch capacity for future Indian human spaceflight missions.
The total fund requirement is Rs. 3984.86 Crore, including the launch pad and associated facilities, and the Third Launch Pad is targeted to be established within a duration of 48 months or 4 years.
Indian space transportation systems are today completely reliant on two launch pads: the First Launch Pad, realized 30 years ago for PSLV and still supporting PSLV and SSLV, and the Second Launch Pad, established primarily for GSLV and LVM3 and operational for almost 20 years.
The design is meant to be as universal and adaptable as possible, supporting the NGLV, LVM3 vehicles with a semicryogenic stage and scaled-up NGLV configurations, as the programme looks to the Bharatiya Antariksh Station by 2035 and an Indian crewed lunar landing by 2040.