As per report in this
post, it'll be a spare satellite kept on ground.
IRNSS satellites are using similar Rubidium atomic clocks sourced from same manufacturer/vendor (
Spectratime) as that of ESA.
Hope those failures seen on Galileo are one off cases

ISRO should switch to
indigenous clocks ASAP.
Rubidium clock failures are seen in operational Galileo satellites. First operational Galileo was launched in 2011, and first operational IRNSS was launched in 2013. So, there's not much difference in terms of aging of clocks.
ESA is suspecting some kind of short circuit in Rubidium clocks, linked to a certain test procedure done on ground.
Galileo satellites experiencing multiple clock failures
The onboard atomic clocks that drive the satellite-navigation signals on Europe's Galileo network have been failing at an alarming rate.
Across the 18 satellites now in orbit, nine clocks have stopped operating.
Three are traditional rubidium devices; six are the more precise hydrogen maser instruments that were designed to give Galileo superior performance to the American GPS network.
Esa is also in contact with the Indian space agency which is using the same clocks in its sat-nav system. So far, the Indians have not experienced the same failures.
Most of the maser failures (5) have occurred on the satellites that were originally sent into orbit to validate the system, whereas all three rubidium stoppages are on the spacecraft that were subsequently launched to fill out the network.
It appears the rubidium failures "all seem to have a consistent signature, linked to probable short circuits, and possibly a particular test procedure performed on the ground".
The maser clock failures are said to be better understood, with two likely causes, the second of which has caused most grief.
The Esa statement said this second scenario was "related to the fact that when some healthy [hydrogen maser] clocks are turned off for long periods, they do not restart due to a change in clock characteristics".
There you go !!. One of the IRNSS satellite has developed a problem !!.
It seems India is using Spectratime-built atomic clocks as is the case with China
http://www.ndtv.com/india-news/indias-swadeshi-gps-develops-a-problem-but-remains-functional-1652638
Galileo satellites experiencing multiple clock failures
The onboard atomic clocks that drive the satellite-navigation signals on Europe's Galileo network have been failing at an alarming rate.
Across the 18 satellites now in orbit, nine clocks have stopped operating.
Three are traditional rubidium devices; six are the more precise hydrogen maser instruments that were designed to give Galileo superior performance to the American GPS network.
Esa is also in contact with the Indian space agency which is using the same clocks in its sat-nav system. So far, the Indians have not experienced the same failures.
Most of the maser failures (5) have occurred on the satellites that were originally sent into orbit to validate the system, whereas all three rubidium stoppages are on the spacecraft that were subsequently launched to fill out the network.
It appears the rubidium failures "all seem to have a consistent signature, linked to probable short circuits, and possibly a particular test procedure performed on the ground".
The maser clock failures are said to be better understood, with two likely causes, the second of which has caused most grief.
The Esa statement said this second scenario was "related to the fact that when some healthy [hydrogen maser] clocks are turned off for long periods, they do not restart due to a change in clock characteristics".
There you go !!. One of the IRNSS satellite has developed a problem !!.
It seems India is using Spectratime-built atomic clocks as is the case with China
http://www.ndtv.com/india-news/indias-swadeshi-gps-develops-a-problem-but-remains-functional-1652638
Oops. This is turning out to be a really costly issue. A disaster of sorts if both ESA and ISRO ultimately end up replacing its entire navigation constellation. For India, this would be quite critical as both ISRO and the defense agencies were planning to utilize NavIC for their respective strategic requirements. Does this indicate the problem was likely with the clocks themselves, and not due to test procedures or associated instruments?
“It is not a development issue with the clocks,” Benedicto said. “It is not a fundamental part of the unit that is failing.They were not bound to fail. But in certain conditions where you have certain parameters going in the wrong direction together, it could cause the unit to fail. You have to be particularly unlucky and have all the failure parameters drifting in a specific direction.""
But if the failures in the cases of Galileo and IRNSS indeed turn out to follow a similar pattern (too early to say at the moment as ISRO is yet to publish its share of details), it may not be a case of being 'particularly unlucky' after all.
Not sure what they mean by "satellite's not visible"!?
Also, as per
this €4M contract between SpectraTime and ISRO, each satellite has (or supposed to have), 4 Rubidium clocks. So, there should be some sort redundancy.
. In the framework of the IRNSS program, each satellite will have four SpectraTime Rubidium atomic clocks on board to reach a stability of less than 10 billionths of a second per day. « To give a point of comparison, our clocks are 10 million times more precise than a watch made of quartz" », says Pascal Rochat, Chief Executive Officer of SpectraTime.
I hope ISRO, ESA and Spectratime figure out the issue, and if possible recalibrate/reconfigure atomic clock hardware on other satellites to avoid further failures.
ISRO has imported
29 Rubidium clocks from SpectraTime, 21 of them are used in IRNSS-1A to 1G. Hopefully, they'll sort out the issue before remaining two backup satellites are built.
2010: First RAFS rubidium clocks flying & operating on the COMPASS/Baidu satellites
2011: Prime Swiss supplier of the PHM maser & RAFS rubidium clocks for Galileo's 14 satellites
2012: Prime Swiss supplier of 29 space RAFS rubidium clocks for the IRNS (Indian Regional Navigation System)
2015: Prime Swiss supplier of all PHM maser & RAFS rubidium clocks for the first 22 Galileo satellites
Even Chinese
COMPASS and DFH satellites are using Spectratime Rubidium clocks, not sure if they've hit similar snags?!
I hope ISRO, ESA and Spectratime figure out the issue, and if possible recalibrate/reconfigure atomic clock hardware on other satellites to avoid further failures.
Even Chinese COMPASS and DFH satellites are using Spectratime Rubidium clocks, not sure if they've hit similar snags?!
Since the snag has hit the first IRNSS satellite at the moment, I really really hope it isn't a matter of time before the rest starts to show the same anomaly in sequence.
Yes

Rb clock failures are seen in
two of the Galileo's operational constellation satellites (FOC). Considering first FOC was launched in 2014 and first IRNSS was launched in 2013, looks like these clocks are developing anomaly after approximately 3 years of operation (either due to inherent issue in clocks or satellite subsystem)!!
But,
ESA's GIOVE-A/B and Galileo IOV (In-Orbit Validation) experimental satellites had same Rb clocks, and they didn't seem to have any failures after years of operation. Hopefully ESA, ISRO would be comparing GIOVE-A/B or IOV hardware with FOC or IRNSS hardware.
Alarming !! All three clocks have failed – one primary and two backups
Replacement satellite 1H planned
https://thewire.in/103934/atomic-clock-rubidium-irnss/
Would be really interesting to know how those clocks are faring in CNSA's satellites. Anyway, IRNSS-1H is going to to be built same hardware, not sure if it really helps in the long run.
Alarming !! All three clocks have failed – one primary and two backups
Replacement satellite 1H planned
https://thewire.in/103934/atomic-clock-rubidium-irnss/
Would be really interesting to know how those clocks are faring in CNSA's satellites. Anyway, IRNSS-1H is going to to be built same hardware, not sure if it really helps in the long run.
Chinese may not readily acknowledge such a failure even if it had occurred, which is perhaps why there aren't reports of ESA contacting them yet. For that matter, even in India's case, was it perhaps the reports of Galileo's string of failures that encouraged ISRO to go public about this now?
As for IRNSS-1H, they might be banking on it as a stop-gap replacement at best until they figure out what exactly went wrong. NavIC is a crucial piece of equipment for India's strategic needs, and ISRO may not risk any dent in its capability even for a short term.