Mumbai/New Delhi In a major fillip to the country's submarine development plans, Larsen & Toubro Ltd. (L&T) has signed a Teaming Agreement (TA) with Spain's state-owned ship-builder, Navantia for submitting a techno-commercial bid for the Indian Navy's P75 project, officials said here on Monday.

Accordingly, Navantia will carry out the design of P75(1) submarines based on its S80 Class of submarines, the first of which was launched in 2021 and currently undergoing sea trials prior to its delivery to the Spanish Navy by the year-end.

Besides the S80 Class, Navantia has been involved in the design and construction of the Scorpene Class of submarines together with DCNS (now, Naval Group) of France, which have been exported to Chile and Malaysia.

Navantia was part of the Scorpene submarines, the Kalvari Class, built in India including handholding of the Indian yard. The agreement was signed in the presence of L&T CEO & MD S. N. Subrahmanyan, and Navantia's Vice-President Augustin Alvarez Blanco, in the presence of Spanish Ambassador to India Jose Maria Ridao Dominguez, the Spanish Defence Attache Capt. (Navy) Fernando.