Insta
Latest In Indian Navy’s Underwater Arsenal: India-Russia To Ink Nuclear Submarine Deal Worth $3 Billion
Representative image (Wikimedia/submarine)
India is on course to finalise a deal with Russia to procure a nuclear-powered submarine in a $3 billion deal that will be fitted with custom-made indigenous communications systems and sensors, reports Economic Times (ET).
The deal is for the Akula class submarine, named Chakra-II and India has already bought vessels of the same class. The intergovernmental agreement for the submarine lease is expected to be signed on 7 March (2019).
Following this, the submarine will be built on mothballed hulls at a Russian shipyard and will be ready by 2025. Also, this deal will be the biggest arms deal with Russia since the $5.5-billion contract to buy the S-400 air defence system which was finalised in 2018.
Chakra III will serve the Indian Navy for ten years and will replace the Chakra II that was bought from Russia in 2012. Chakra II’s lease, which will expire in 2022, could be extended for five years till the new submarine is commissioned.
Diesel Submarines Too
In February 2019, Defence Acquisition Council (DAC), chaired by Raksha Mantri Nirmala Sitharaman approved the procurement of six diesel-electric submarines costing $5.6 billion under Project-75I.
Unlike the nuclear submarines that will be made in Russia, the diesel submarines under the project will be taken up under MoD’s ambitious Strategic Partnership (SP) model that envisages indigenous manufacturing of major defence platforms by an Indian Strategic Partner who will collaborate with a foreign OEM (original equipment manufacturer) to set up production facilities in the country.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
