Spain Ready For Full Technology Transfer, Lowest Price For Indian Navy’s $5-Bn Submarine Deal

Spain is sending its top defence official Amparo Valcarce to India next month in an effort to push forward the submarine deal in which state-owned Navantia has emerged as the frontrunner.

Navantia has offered S-80 submarines for P-75(I) that have a displacement of 3,000 tonnes and a proven AIP system.

Source : Navantia

New Delhi: Spain is willing to go for complete transfer of air-independent propulsion (AIP) technology for its stealth submarines built by state-owned defence giant Navantia for the Indian Navy under its $5.27 billion programme, also called Project-75 India or P-75 (I). It will also offer the boats at a much lower cost compared to Germany’s Thyssenkrupp, another key contender for the deal, ABP LIVE has learnt. After signing a teaming agreement with Larsen and Toubro in July last,