Discussion in 'Indian Navy' started by LETHALFORCE, May 11, 2009.
2 billion $ for lease ??
1.5 Billion for lease
India's quest to lease a second nuclear-powered submarine (the first INS Chakra came in 2012) for around $1.5 billion from Russia has been linked by Moscow to New Delhi's agreement to acquire the frigates lying half-constructed at the Yantar Shipyard due to a cash-crunch.
India Signs Up For Second Russian Akula-Class Nuclear Attack Submarine
India already operates a Russian Akula-2 nuclear submarine under lease from Russia.
Russian journal confirms India-Russia pact over nuclear submarine
Deal was signed in Goa on sidelines of BRICS summit, was not announced
India already operates a Akula 2 submarine under lease
In a deal reportedly worth close to $2 billion, India is set to acquire a second Akula 2 nuclear-powered attack submarine from Russia.
The contract for this, which has been unannounced so far, was finalised and signed in Goa along with a slew of other defence deals worth more than $5 billion which have been made public.
According to Alexei Nikolski, a columnist with the reputed Russian daily Vedomosti, "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 after India paid for its completion and sea-trials.
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.
For the last several months, there have been reports that the Indian Navy was keen on leasing the much more advanced Project 885 Yasen Class nuclear attack submarine, the newest class of submarine to enter Russia's arsenal.
An Yasen-class nuclear attack submarine that India was reportedly keen on leasing.
However, at the moment, only one submarine of the Yasen class, the Severodvinsk, has entered service with the Russian Navy with construction of the seven remaining submarines of the class progressing slowly. Unable to wait indefinitely for a new-build Yasen, the Indian Navy has gone ahead and signed up for a second Russian Akula 2, a submarine which it now has considerable experience in operating.
The Akula 2 class submarine, while not the latest class of nuclear powered fast attack submarine in the world, is still considered one of the most advanced. Capable of sailing at speeds up to 35 knots (nearly 65 km per hour) under water, the Akula 2 is among the quietest submarines to have been built by Russia, a defining feature of the boat which makes tracking it underwater very difficult.
Armed with torpedoes and cruise missiles (should India choose to install them), the submarine can strike enemy ships, submarines and also targets on the land. Like most other nuclear powered submarines, its range of operations is essentially unlimited since its 190 Mega Watt nuclear power plant is unlikely to need refuelling during the course of the life of the submarine. In practical terms, however, operational deployments of nuclear submarines are limited by the amount of food which can be carried on-board for its crew and the mechanical reliability of its installed systems.
Like the INS Chakra, the second Akula 2 submarine being leased from Russia is likely to be based in Visakhapatnam and would have two roles - defending India's fleet of nuclear powered ballistic missile submarines, the first of which, Arihant, is at an advanced stage of weapons-testing. The Akula 2 could also be used to track Chinese nuclear powered attack submarines which are increasingly frequent visitors to the Indian Ocean where they are regularly deployment as part of what the Chinese say are anti-piracy missions.
Asked for details on the acquisition of a second Akula 2 class submarine, a Defence Ministry spokesperson told NDTV, "The subject does not come within our domain. Therefore we have no comments."
May there will be ToT for some component, under the table.
Will we return the Ins Chakra after the lease is over?
Maybe this cost includes an undisclosed number of weapons including torpedo, missiles, training and maintenance during the lease period. That means pay once and Russia will take care of all problems, supplies, repairs, etc.
I think there is provision in law that a country can buy nuclear submarine once 10 years lease time is over. Mayby its changed now but it will be really great that if such law exists and we buy that Akula...
Its like car hire purchase agreement. After the lease period you have option to buy it for token sum.
US$ 2 Billion lease for 20 year old submarine K295 Samra?.....
2 Billion Dollars are nothing if you consider few additional things:
1. No other country will give you nuclear submarines.
2. Strategic platform.
3. Money is also paid in these deals indirectly for Russian help in our submarine developments.
Two billion is nothing compared with Russian double crossed us so many times not giving critical TOT, inadvertently killing our indigenous programs and finally in bed with Chinese and Porkies
Inside Akulla-II submarine
Russia, India Set to Discuss Creation of Anaerobic Power Unit for Submarines
Found this on Google , not sure about authenticity .
INDIA'S PLANNED THIRD RUSSIAN NUCLEAR ATTACK SUBMARINE TO OPERATE BY 2023
India has decided to go ahead with its plan to lease a third nuclear attack submarine from Russia. Sources said a Project 971 SSN hull classification general-purpose attack submarine has been picked out from among many options and that the boat would undergo massive repairs and modernization at a Russian shipyard before being handed over to India.
As per a TASS report, India is pushing for a plan to station a technical team at a Russian shipyard to witness the complex refitting and modernization process of nuclear attack submarines. The refit will be carried out at the Russian shipyard in Severodvinsk and the refitted boat will be named ‘INS Chakra-III.' The entire process will be completed over an estimated six-year time frame.
Acquiring another nuclear attack submarine (SSN) from Russia in not only prudent but also exigent for India's national security. An SSN is required to influence events in distant areas of the country's maritime interest, where conventional surface and integral aviation cannot operate due to whatever reason.
The Indian Ocean is becoming increasingly important to China's economic and security interests as a strategic waterway which helps keep its economy going. Therefore, China’s military presence there will keep growing. However, the struggle for the strategic maritime routes is only one of the reasons India is modernising and augmenting its attack submarine force.
Indian Navy is also awaiting the delivery of a second Project 971 (Akula-Class) SNN which it had leased from Russia a year ago. The Indian Navy (IN) currently operates two SNNs; the oldest of which is the INS Chakra, formerly the Russian Navy's K-152 Nerpa, commissioned into the Indian Navy in April 2012. India's second SSN, INS Arihant, is the indigenously built nuclear-powered ballistic missile submarine commissioned in August 2016.
At present, negotiations are underway to accommodate India's desire to send a delegation of shipbuilders to the Severodvinsk yard to witness and assist in the refitting and modernization of the third SSN India intends to lease. The hands on experience would be of significant help to Indian shipbuilders who are being tasked with the responsibility of constructing at least six nuclear-powered submarines, locally at an estimated cost of over $12 billion.
Friend in need is friend indeed. Russia is most reliable and trusted friend of India.
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