Skip to main content

France Submits Final Price Offer To India For 26 Rafale Marine Jet Deal

France has submitted the final price offer to India for the 26 Rafale Marine Jet deal just ahead of the scheduled visit of Indian National Security Advisor Ajit Doval to the country.

Defence sources told ANI that the best and final price offer has been submitted to the Indian authorities by the French side for the project and a significant price reduction has been given after tough negotiations in the proposed contract.

India and France are negotiating the deal for buying 26 Rafale Marine jets which are going to be deployed on the INS Vikrant aircraft carrier and different bases.

The two sides had also held negotiations last week when a French team was in the national capital for finalizing the discussions with India.

The deal is scheduled to be taken up for discussion during the India-France Strategic Dialogue where the Indian NSA is scheduled to meet his French counterparts from tomorrow in Paris.

The deal is important for the Indian Navy as it is looking at strengthening its maritime strike capability.

India has also approved deviations in the letter of request, which is the tender document equivalent in government-to-government deals, like the integration of the indigenous Uttam radar in the jets for the Indian Navy.

Sources said that the integration would have taken a longer time of around eight years along with a high price to be paid to the French side for doing so.

India had also asked France for integration of indigenous weapons on the plane. This includes the Astra beyond visual range missiles along with the Rudram anti-radiation missiles.

The sources added that the price for the deal has been based on the agreements over rate it inflation to be taken into account and would be using the previous deal for 36 Rafale fighter aircraft for the Indian Air Force as the basis.

Some of the Indian Air Force requirements have also been incorporated in the naval deal which will include around 40 drop tanks and a small number of work stations for the planes.

The Indian side is also going to get more number of long-range air-to-air Meteor missiles and with the anti-ship weaponry in this project planned to be concluded before the end of this financial year.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)



from NDTV News-World-news https://ift.tt/3fhxTZg

Comments

Popular posts from this blog

US Power Firm Admits It May Have Sparked Texas' Largest Wildfire Ever

A US power company admitted Thursday that its equipment may have sparked the largest wildfire in Texas' history. Xcel -- the parent of Southwest Public Service Company, which provides electricity to part of the state -- said it was working with officials investigating the cause of the blaze that charred more than a million acres (over 400,000 hectares). "Based on currently available information, Xcel Energy acknowledges that its facilities appear to have been involved in an ignition of the Smokehouse Creek fire," the company said. Hundreds of homes are thought to have been destroyed in the fire, which is known to have killed at least two people and over 3,000 farm animals. Xcel, which is facing at least one lawsuit, denied its equipment was improperly maintained. "However, we encourage people who had property destroyed by, or livestock lost in, the Smokehouse Creek fire to submit a claim to Xcel Energy through our claims process," the statement said. The W

It's Official, Kamala Harris Is Democratic Candidate For US Election

US Vice President Kamala Harris effectively secured the Democratic party's presidential nomination Friday, confirming her remarkable rise to party standard bearer in November's showdown against Republican Donald Trump. Kamala Harris was the sole candidate on the ballot for a five-day electronic vote of nearly 4,000 party convention delegates. She will be officially crowned at a Chicago convention later this month. "I am honored to be the presumptive Democratic nominee for President of the United States," Kamala Harris, 59, said on a phone-in to a party celebration after securing enough votes by the second day of the marathon vote. In the two weeks since President Joe Biden ended his reelection bid, Kamala Harris has gained full control of the party. No other Democrats stepped forward to challenge her elevation to the top of the ticket, making her confirmation as the first Black and South Asian woman ever to secure a major party's nomination a formality. The a

All You Need To Know About Donald Trump's 1st Criminal Trial

Donald Trump goes on trial Monday for allegedly covering up hush money payments to hide affairs ahead of the 2016 presidential election which propelled him into the White House. He will become the first former US president to go on criminal trial when jury selection begins next week. Here are the key questions ahead of the landmark trial: What is Trump accused of? As Trump closed in on victory in the 2016 presidential election, adult film star Stormy Daniels was paid $130,000 to keep quiet about an alleged 2006 sexual tryst with Trump. The payments, made by Trump's lawyer at the time, Michael Cohen, were revealed by The Wall Street Journal in January 2018. Prosecutors have seized on the concealment of the payments as "legal fees" in the Trump Organization's accounts when Cohen was reimbursed as the heart of their case. Prosecutors say Trump "concealed the reason for these payments... which clearly were paid in order to influence voters," former prosec