Key Points
Spain has said that its submarine, in contention for a Rs 43,000 crore procurement order by the Indian Navy, has been declared technically compliant and will be ready for trials in a few months..
Speaking to ET, Amparo Valcarce, Spains Secretary of State for Defence said that there is also keen interest to work together in producing ammunition and missiles and several areas of cooperation have been identified...
In the first official word on the progress in the P 75I submarine contest to supply six boats to the Navy that will be built in India, Valcarce said that a joint bid by L&T and Navantia (Spain) is soon moving to the trials stage...
L&T and Navantia are working to commence the trials in a few months, Valcare said.. Spains Navantia is in contention with Germanys TyssenKrupp Marine Systems (TKMS) for the mega Navy contract that involves significant transfer of technology to the Indian construction partner..
The secretarys statement has brought clarity that Navantia, fully-owned by the Spanish government, will also be in a position to go for trials, despite speculation that the submarine may not be ready to demonstrate the all-important AIP that gives it the ability to stay underwater for weeks, a key requirement of the Indian Navy...
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