India cannot enforce a penalty for the delay of the much-needed former Admiral Gorshkov, nor can it get out of the deal. (Alexey Popov via Wikimedia Commons)
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.
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