Russia's Yantar Shipyard said Tuesday that it will hand over on Saturday the last of the three frigates it contracted to build for India.

The handover ceremony of frigate Trikand will be attended by Indian naval officers and diplomats as well as representatives of the Russian Ministry of Industry and Trade, said the Kaliningrad shipmaker.

The first two vessels under the 1.6-billion-US-dollar contract, Teg and Tarkash, were delivered in April and November 2012.

Russian media reported that the new frigates are each equipped with eight BrahMos supersonic cruise missiles and an antisubmarine warfare helicopter, among others.