Russia's Sevmash shipyard, currently retrofitting aircraft carrier Admiral Gorshkov, today said the warship would be ready for transfer to the Indian Navy in 2012 though the price escalation issue is yet to be resolved.Announcing its readiness to begin sea trials for the carrier in 2011, the shipyard officials said these could be carried "provided all the financial issues are resolved."
"The successful solution of all the financial issues will enable the shipbuilders to sail the aircraft carrier out into the Barents Sea for trials.
In the winter of 2012, the ship is expected to be finally refitted and trials will continue in the summer of that year," Sevmash officials were quoted as saying by RIA Novosti.
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