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India signs pact with Russia to lease second nuclear submarine

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.


March 2017 Current affairs
24 MAR
NEWS
23 MAR
NEWS
22 MAR
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21 MAR
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20 MAR
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18 MAR
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February 2017 Current affairs
28 FEB
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27 FEB
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25 FEB
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24 FEB
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January 2017 Current affairs
31 JAN
NEWS
30 JAN
NEWS
28 JAN
NEWS
27 JAN
NEWS
25 JAN
NEWS
24 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
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26 NOV
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25 NOV
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24 NOV
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