It also opens up a window to earn foreign exchange from launching heavier foreign satellites.

Indian Space Research Organisation (ISRO) chairman K Radhakrishnan said that country pays around USD 85-90 million (around Rs 500 crore) as launch fee for sending a 3.5-tonne communication satellite whereas the GSLV rocket costs around Rs 220 crore and the GSAT-14 launched on Sunday around Rs 145 crore.

ISRO successfully launches GSLV D5

ISRO can send smaller communication satellites - weighing around two tonnes - till such time it gets ready an advanced GSLV variant that can lug satellites weighing around four tonnes.

Radhakrishnan also said ISRO has lined up several satellite launches for the current GSLV rocket version.

"We will be launching satellites GSAT-6, 7A and 9 using GSLV. We will also be using this rocket for our second Chandrayaan mission and for the launch of GISAT," he said.

(Agencies)

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