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Final MMRCA Meet Today Ahead Of Bids Opening

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Govt approves IAF's MMRCA offset proposals
Press Trust of India






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New Delhi: Defence Ministry on Friday cleared the way for opening the commercial bids of two shortlisted vendors in the multi-billion dollar combat aircraft deal by approving their offset proposals here.
After the bids are opened, the Defence Ministry will be able to determine the lowest bidder in the deal for 126 Medium-Multi Role Combat Aircraft (M-MRCA) and decide who will ultimately get the contract described as the 'mother of all deals'.
At a meeting chaired by Defence Minister A K Antony, the Defence Acquisition Council (DAC) cleared the offset evaluation report of Dassault Rafale and Eurofighter Typhoon, the two remaining contenders, Defence Ministry officials said here.

"All the spade work for the opening of bids have been completed. Opening of the bids will be done in a few days in the presence of the two vendors," they said.
As per the offset clause, foreign vendors bagging deals worth over Rs 300 crore are supposed to invest back 30 per cent of the worth of the contract in Indian defence industry.
In M-MRCA, the vendors will have to invest 50 per cent of the worth of the deal:azn::cheesy::yahoo:.
"No date has been specified for opening of the bids but it will happen soon:argh:," the officials said.
The offset proposals of the two companies were tabled before the DAC by Director General (Acquisition) Vivek Rae.
Besides the Defence Minister, the two-hour meeting was attended by the three Service chiefs, the Defence Secretary, the Secretarym, Defence Production, the DG (Acquisition) and concerned joint secretaries in the Ministry.
After the bids are opened to evaluate the lowest bidder, the proposal will move to the Finance Ministry for its approval and it will then go to the Cabinet Committee on Security (CCS) for final nod by the government.
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Govt approves IAF's MMRCA offset proposals - India News - IBNLive
 
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Just get the freaking jets already. IAF pilots are dying like moths in a fire due to flying coffins. I think Rahul baba must be made to fly a MiG-21 daily till it crashes and he snuffs it. Only then will this government speed up the work. :angry:
 
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Just get the freaking jets already. IAF pilots are dying like moths in a fire due to flying coffins. I think Rahul baba must be made to fly a MiG-21 daily till it crashes and he snuffs it. Only then will this government speed up the work. :angry:
if Rahul is flying the Mig 21s, then I would name it the "The As$ hole in the fire hole"
 
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EADS will be the most benefited partty.it has stakes in both typhoon and rafale
 
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lolz haan bhi kon jeeta:P its now almost mid night when will open this bid ? hahhahhaha


they make it hard as its decision end of the world :rofl:
 
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lolz haan bhi kon jeeta:P its now almost mid night when will open this bid ? hahhahhaha


they make it hard as its decision end of the world :rofl:

areee imran bhai aaj to offset submission day he!
thoo post no.33 dekho!(how's my hindi?:azn:)
 
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areee imran bhai aaj to offset submission day he!
thoo post no.33 dekho!(how's my hindi?:azn:)

No date has been specified for opening of the bids but it will happen soon

thats is it for me lolz ahahahah nothing was today it was a meeting only for waste more money lolz

and your hindi is same as soniya ghandi's hindi hahaahhahah
 
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today it was a meeting only for waste more money lolz

aree bhai they have agreed to invest 50% money back in india against the usuall 30% as per other deals!
 
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