India signs pact with Russia to lease second nuclear submarine

Posted on:20 Oct 2016 17:59:59
India signs pact with Russia to lease second nuclear submarine
20 October 2016 Current Affairs: India has signed agreement with Russia to lease second Akula-II class nuclear attack submarine (SSN). The deal is believed to be worth about $2 billion. 

The lease to transfer a multipurpose Project 971 nuclear submarine to India from the Russian Navy was signed in Goa on the sidelines of 8th BRICS Summit. The second nuclear submarine is expected to arrive in Indian waters in 2020-21.

India had earlier leased first Akula-II class nuclear attack submarine (SSN) for a period of 10 years from Russia. It was inducted into service as INS Chakra (formerly known as K-152 Nerpa) in April 2012. Its lease expires in 2021. Since then, India had expressed interest in leasing at least one more submarine to train Navy crew in complex submarine operations to have a large fleet of nuclear submarines.

Akula-class  : submarines Akula-class submarines of Project 97 (NATO name Akula-II) weigh around 8,140 tonnes. They are considered one of the most silent SSNs in service and are capable of sailing at speeds up to 35 knots. They are nuclear powered but are armed with conventional land attack missiles.

INS Arihant  : Earlier in August 2016, India had quietly inducted its first indigenously built nuclear ballistic missile submarine (SSBN) Arihant into service completing its nuclear triad. Besides, follow-on submarines are also planned and at least two are in various stages of construction which will give India strategic foothold in the Indian Ocean Region (IOR). The second indigenous nuclear submarine of the same class, INS Aridhaman, will be commissioned in 2018.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs December 2017

15 DECEMBER
NEWS
14 DECEMBER
NEWS
13 DECEMBER
NEWS
12 DECEMBER
NEWS

Current Affairs November 2017

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS

Current Affairs October 2017

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS