1. Antrix is to build two satellites for Devas, with 10 transponders each that the latter can use.
2. Antrix is to let Devas in on all the technical aspects of the process and to its facilities (except 'classified areas').
3. Antrix is to submit regular progress reports to Devas.
4. Antrix is to procure all relevant and necessary licenses, regulatory approvals and clearances for providing providing Devas with the satellites and bandwidth,
5. Antrix is to procure clearances for Devas for recieving it all. Devas will pay for any costs incurred.
6. In the event of delay in delivery, Antrix is to intimate Devas 6 months prior to the agreed date of delivery and pay a penalty to Devas.
7. Devas will pay Antrix an early delivery incentive, in case they deliver early.
8. ISRO can use part of the satellites, which Devas doesn't 'unreasonably' withhold, and if it doesn't disturb what was agreed to Devas.
7. Devas will pay Antrix an early delivery incentive, in case they deliver early.
8. ISRO can use part of the satellites, which Devas doesn't 'unreasonably' withhold, and if it doesn't disturb what was agreed to Devas.
9. Antrix may consider giving Devas part of a third satellite later on. And in case Antrix cannot provide that extra satellite, it is to help Devas in arranging for involvement of a third party who can provide this.
Right, you might have seen a patter by now - Antrix gives, Devas takes. You're not mistaken. ISRO's commercial wing is wooing Devas for some mysterious reason.
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