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Ex-ISRO official says US tech curbs drove Antrix-Devas secrecy

Ex-ISRO official says US tech curbs drove Antrix-Devas secrecy
Antrix-Devas deal: Ex-Department of Space officer says secrecy was needed due to US curbs · indianexpress.com

Long ago, in 2005, India's space agency ISRO made a deal with a company called Devas.

The deal was about leasing satellites that could send videos and internet-like services to phones and cars in India.

But India did not have this special technology.

Only a few countries had it, and one of them was the United States.

India could not easily ask the US government for the technology because of strict rules.

So an official named S K Das says they worked through a US company to get it secretly.

Later, the Indian government cancelled the deal and accused the people involved of corruption.

The CBI, India's police agency, said the deal lost about 578 crore rupees, and some officials are now on trial.

Meanwhile, a court in America recently said Devas should be paid over 1.2 billion dollars.

Different courts and countries do not agree about what really happened.

Key facts

Deal signed
2005
Satellite lease
Two communication satellites for 12 years at Rs 167 crore
Annual lease rate
US $9 million, rising to US $11.25 million when Devas made profits
Alleged loss
Approximately Rs 578 crore
Deal annulled
February 2014 by the UPA government
US appeals court award
$565.2 million, now over $1.2 billion with interest
Earlier awards
ICC: $1.2 billion (set aside by Delhi High Court in 2023); Deutsche Telekom: $101 million; Mauritius investors: $111 million
Devas liquidation
Ordered by NCLT in May 2021, upheld by the Supreme Court on January 17, 2022

Quotes

S K Das

Former additional secretary and finance member of the Department of Space, now accused in the Antrix‑Devas corruption case

“I was a member of the team that went to the US to find a service provider under the technology control regime imposed by the United States.”
indianexpress.com

Sources

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