India and Russia will likely sign a contract estimated $4 billion for the purchase of four missile-carrying frigates, soon.
Called Project 11356, Official sources told Hindu Business Line that the contract to be signed between the two nations would be based on the “two plus two formula, wherein two frigates will be built in Russia and sent to India, whereas another two will be built at the Goa Shipyard with assistance on technology transfer”.
“Last year in July, the Defence Ministry finalised orders worth ₹35,500 crore for Goa Shipyard Ltd, in a move that would boost technical know-how and provide employment opportunities to localites,” said an official with the PSU with direct knowledge of the contract. In order to execute the order, the shipyard is investing ₹4,000 crore, he added, and has undergone modification for the construction and integration of warships with stealth capabilities.
The frigates will be handed over to the Indian Navy in six years.
The four warships will have gas turbine power engines and will be equipped with the BrahMos supersonic cruise missiles. The frigates have a displacement of about 4,000 tonnes, speed of up to 30 knots and endurance of 30 days. Three ships of the type have been built for the Black Sea Fleet.
India operates six Talwar-class frigates, which are the Project 11356 predecessors developed for exports. The Indian warships entered service in 2003-2004 and 2012-2013.