Russian shipbuilders ask for $100 million to complete frigates for India

[IND151]

we should offer Russia some advance.they do not have much cash.

 

[SpArK]

On 07 August 2007 ShipbuildingRu reported that Kaliningrad based Yantar shipyard had laid down the head project 1135.6 frigate for Navy of India. For this contract Yantar had invested considerable means in modernization of the manufacturing infrastructure, bought a lot of modern equipment. Construction of the frigates will be completed in 2012.

Yantar Baltic Shipbuilding plant - Russian Defense Industry

 

[ironman]

that money shud be asked from the russian agency and not from india....although i dont mind paying!!!!!!!!!!!!!

That is what exactly the article is saying.. Only blind people can thank to that post.

See this..

Russian shipbuilders ask for $100 million to complete frigates for India10:38 16/12/2010

MOSCOW, December 16 (RIA Novosti) - Russian shipbuilding plant Yantar has asked Russia's state arms exporter, Rosoboronexport, for an additional $100 million to conclude the construction of three frigates for the Indian Navy, Russian business daily Kommersant said on Thursday.

A $1.6-billion contract on the construction of the ships was signed in summer 2006. Although the ships were scheduled for completion by 2011-2012, a lack of funds has delayed construction, the paper said.

"The lack of funding is linked to the VAT refund problem: we will only receive [the money] after the frigates have been supplied to India," Igor Orlov, the director general of the Kaliningrad-based plant, told the paper.

A source close to Rosoboronexport told Kommersant the Indian side was aware of the issue and was treating it "with understanding."

"We are not considering increasing the contract price for India," the source said. "We propose the problem be settled using domestic reserves, including those of the United Shipbuilding Corporation."

This is the second time Russia has run into difficulties with Indian contracts. The price of the Admiral Gorshkov aircraft carrier has been raised almost twice, and its supply date was put back from 2008 to late 2012.

@ CS...

 

[SQ8]

If the manufacturer dosen't make products as per the customers requirements then that will be his last order.

No company would do that to India, the highest weapons importer in the world, they would love for orders to keep coming.

Yet you have had issues with the Gorshkov..the Mig-29K..and the earlier Migs..isnt accepting a defective product wrong..its the Indian tax payers money..so if there is a problem..the Russians should get hell for it.
If the MMRCA is anything..its news to the Russians to pick up on the quality..or we are going somewhere else..

 

[Markus]

Yet you have had issues with the Gorshkov..the Mig-29K..and the earlier Migs..isnt accepting a defective product wrong..its the Indian tax payers money..so if there is a problem..the Russians should get hell for it.
If the MMRCA is anything..its news to the Russians to pick up on the quality..or we are going somewhere else..

Gorshkov was not manufactured for India, its just being customised for India now. Same goes for 29K's and I would also add Akula to that list. India ended up paying more for what was termed as cost over-runs. Such cost over-runs are nothing uncommon in the defence industry, I am sure, you must be knowing a lot about this than many of us.

But yes, sometimes these manufacturers just need some excuse to extract money from their customers and Russia is no exception.

 

[Speeder 2]

Why complain? This is the original version of From Russia with Love.

The former love was billed as $1.6billion.

Now Ruskies have decided to love you more with a gangbang ending, thus $100m more.

Fair enough I'd say.

This kind of news make me appreciate Ruskies more and more, to be honest.

Keep it coming!

 

[SpArK]

Why complain? This is the original version of From Russia with Love.

The former love was billed as $1.6billion.

Now Ruskies have decided to love you more with a gangbang ending, thus $100m more.

Fair enough I'd say.

This kind of news make me appreciate Ruskies more and more, to be honest.

Keep it coming!

It is not 100 million more.. it is just an advance payment..

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