'Admiral Gorshkov'Soviet Warship Turns Into India's White Elephant -- AFP
NEW DELHI — When Russia gave India a retired Soviet aircraft carrier five years ago, New Delhi was delighted -- little realising the vessel would turn into a costly white elephant.
Russia, India's longtime weapons supplier, said in 2004 it would give the country the 44,570-tonne "Admiral Gorshkov" as a gift, provided Delhi paid a Russian shipyard 974 million dollars to refurbish the carrier.
Since then, the price has skyrocketed for fixing up the 27-year-old ship, which was decommissioned after the collapse of the Soviet Union.
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Update: India, Russia may agree cost of overhauling the aircraft carrier -- Defense Talk
My Comment: Ouch .... I am sure that this is never going to happen again.