Russia hands over nuclear submarine to India

Update: 2010-09-15 00:00 GMT

MOSCOW, Jan 23 � Russia today handed over the much-awaited Nerpa nuclear-powered attack submarine to India on a 10-year lease at a cost of over USD 900 million, boosting the Indian navy�s fire-power, reports PTI.

The K-152 submarine was handed over to the Indian Navy at a ceremony in the far eastern port of Primorye, making India the sixth operator of such subs in the world.

The submarine was leased out for a term of ten years, and the contract cost exceeded USD 900 million, it said.

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