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Old 15th Oct 2012, 11:55
  #3147 (permalink)  
ORAC
Ecce Homo! Loquitur...
 
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Interesting, verrrry interesting......

Front Page: Indians Frustrated by Delay in Delivery of Carrier

NEW DELHI — Despite paying more than $1.7 billion more than the contract amount for a used Russian aircraft carrier, India is in a bind: It cannot enforce a penalty for the delay of the much-needed former Admiral Gorshkov, nor can it get out of the deal.

The carrier — renamed Vikramaditya and first scheduled to arrive in 2008, then postponed until this year — will not arrive until the end of 2013, as it is having problems with its boilers and engine.

The admissions came during an Oct. 10 meeting between Indian Defence Minister A.K. Antony and his Russian counterpart, Anatoly Serdyukov. According to Indian Ministry of Defence sources, Antony was unable to convince Serdyukov to enforce a penalty on the carrier delay.

India will be dependent on the Russian carrier until its home-built carriers come online in the 2019-2020 timeframe, said Rahul Gangal, director of Aviotech Defence and Aerospace Advisory.

“There have been other alternatives proposed; however, the Ministry of Defence has chosen to steer clear of those offers [for carriers],” Gangal said. “It would also be interesting to note whether there is an official offer made for the two [British] Royal Navy carriers being built, which are facing budgetary contractions..............
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