November 21, 2001

RAJYA SABHA

'33'

RECOMMENDATIONS OF PRICE NEGOTIATION COMMITTEE FOR PURCHASE OF ADMIRAL GORSHKOV

The inter-Governmental agreement (IGA) signed on 4th October 2000, inter-alia provides for the acquisition of Admiral Gorshkov, an aircraft carrier from Russia and its refit and modernisation. The committee constituted to examine the Detailed Project Document (DPD) received from Russia has, recently, submitted its report. Investment decision on the acquisition of
Admiral Gorshkov has not yet been taken.

This information was given by the Defence Minister Shri George Fernandes in a written reply to Shri K. Rama Mohana Rao, Shri Rama Muni Reddy Sirigireddy and Prof. M. Sankaralingam in Rajya Sabha today.