Indian Navy is set to receive a major boost when the much-awaited Russian 'Nerpa' nuclear attack submarine would join its fleet "in the next few days" on a 10-year lease worth $920 million.
The Akula-II class Nerpa nuclear submarine has finished sea trials and is now ready to be leased to the Indian navy in the next few days, a Russian engineer said on Wednesday.
"The submarine is now fully ready to carry out its tasks," a senior executive at the Amur Shipyard, where the submarine was built, was quoted as saying by RIA Novosti news agency.
"It will be handed over before the end of the year," the unnamed official said.
The submarine, capable of remaining underwater for months will be rechristened as 'INS Chakra' and it would be for the first time in more than two decades that the Indian Navy would have a nuclear attack submarine.
When Russia makes the delivery, it will make India only the sixth operator of nuclear submarines in the world, the report said.