Russia has opted for India instead of China to build its advanced non-nuclear icebreaker ships

Russia has opted for India instead of China to build its advanced non-nuclear icebreaker ships

 


Russia has opted for India instead of China to build its advanced non-nuclear icebreaker ships. This decision is made in the context of Russia's efforts to enhance its Northern Sea Route (NSR) and address the challenges stemming from Western sanctions.

The collaboration between India and Russia not only strengthens their bilateral relations but also establishes India as a significant player in Arctic affairs. To bolster maritime cooperation, the Indian government is currently engaged in discussions with two shipbuilders—a state-owned one and a private one—to build four non-nuclear icebreaker ships, with a total value exceeding Rs 6,000 crores ($750 million).

As per a report by ET Infra, this initiative aims to provide support to ROSATOM, Russia's state-owned nuclear energy company, by identifying suitable shipyards in India for the project, particularly in light of the US sanctions. An official cited in the ET Infra report stated that "ROSATOM intends to construct four non-nuclear icebreaker ships in India." The shipbuilding order is in the final stages of processing at the request of both the Indian and Russian governments. 

Additionally, an official, who requested anonymity, indicated that India and Russia are exploring a memorandum of understanding for shipbuilding and the maintenance of Russian vessels at Indian shipyards, as well as for the training of Indian seafarers in polar waters. These discussions took place during the inaugural meeting of the ‘Joint Working Group on Cooperation in the Northern Sea Route between Russia and India.’ To facilitate these efforts, the Russian Direct Investment Fund (RDIF) and India’s Enso Group have reached an agreement to jointly invest up to Rs 1,800 crore (approximately $225 million) in the development of shipbuilding infrastructure.


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October 12, 2024 at 03:57PM

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