Topic: Russia-India partnership
INS Teg is the first of three modified Krivak III classguided missile frigates being built under a $1.6 billion deal signed in 2006.© RIA Novosti. Igor Zarembo
NEW DELHI, June 22 (RIA Novosti)
A new stealth frigate built for the Indian navy by Russia arrived in the port of Mumbai on Friday, a diplomat said.
The ceremony for the arrival of INS Teg involved senior Indian navy officers as well as Russian officials and diplomats, said a spokesman for the Russian consulate in Mumbai.
INS Teg is the first of three modified Krivak III class (also known as Talwar class) guided missile frigates being built at the Yantar Shipyard under a $1.6 billion deal signed in 2006.
The other two vessels will follow in about a year, a Yantar spokesman said in April.
The 3,970-ton frigate incorporates stealth technologies and is armed with eight 290-km BrahMos supersonic cruise missiles.
The Indian navy already has three Russian-built Talwar class frigates.
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One of the main achievements of the 6th BRICS Summit was the signing of an official document on establishing a New Development Bank with a declared capital of $100 billion. The creation of the bank is an important step towards institutionalizing BRICS and strengthening its positions in the world in the long run.