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India finalises deal with Russia for acquiring second Akula-class nuclear attack submarine

| | Oct 19, 2016, at 05:30 pm
New Delhi, Oct 19 (IBNS) : India has signed an agreement with Russia for acquiring a second Akula 2 nuclear-powered attack submarine involving an expenditure of nearly two billion dollars, NDTV reported.

The contract for this, which has been unannounced so far, was finalised and signed in Goa besides a string of other defence deals worth more than $5 billion.

NDTV quoted  Alexei Nikolski, a columnist with the reputed Russian daily Vedomosti, as saying : "According to a source in the Russian defence industry, the long discussed lease to transfer a multipurpose Project 971 nuclear submarine to India from the Russian Navy was signed in Goa."

The Indian Navy already operates an Akula 2 class nuclear submarine, INS Chakra (formerly known as K-152 Nerpa), which was leased from Russia and commissioned on April 4, 2012.

The lease of the 8,140 ton submarine was signed for a period of 10 years and with the lease set to expire in a few years, the Indian Navy has been keen acquire a second Russian nuclear submarine.

 

 

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