Found something on the $75 million price tag for the Mig-29K's, so it seems like you were right Rock, but it is not for the current batch.
Current batch is on the agreed upon price, but the Russian side is talking about an increase up to the $75 million price tag for improvements since the original contract.
The Indian's are agreeing that it has improved, but are saying the improved version is only worth a 15% price hike for additional orders.
Also, while this source is from the respectable Arms-Tass, they got it from Pakistanidefence.com, who just might have some ulterior motives in their reporting, so take it with a grain of salt...
Current batch is on the agreed upon price, but the Russian side is talking about an increase up to the $75 million price tag for improvements since the original contract.
The Indian's are agreeing that it has improved, but are saying the improved version is only worth a 15% price hike for additional orders.
Also, while this source is from the respectable Arms-Tass, they got it from Pakistanidefence.com, who just might have some ulterior motives in their reporting, so take it with a grain of salt...
http://arms-tass.su/?page=article&aid=64854&cid=25Russia has proposed to increase the value of MiG-29K fighter jets to India, procured on option
МОСКВА, 12 января. MOSCOW, January 12. (АРМС-ТАСС). (ARMS-TASS). The Russian side, which a few years ago, India offered to sell additional deck multipurpose MiG-29K (a writer) at a cost of 46 million dollars per unit, now intends to increase the price by nearly 60%, the resource Pakistanidefence.com.
Indian Navy signed a contract to supply 16 MiG-29 (12 single deck MiG-29K and 4 two MiG-29KUB) worth some 740 million dollars in 2004. The agreement provided for the acquisition of simulators, including flight, land and sea training system for training pilots and technicians. The contract contained an option for an additional supply by 2015 from 12 to 30 fighter planes for the same price.
The first batch of MiG-29K should be based on the aircraft carrier "Vikramaditya. Originally, that the carrier will enter the battle of the Indian Navy by August 2008, but due to various problems of the term was extended to 2012.
As scheduled, the delivery of the first 12 planes will be implemented from the beginning of 2009 batches of four aircraft. All ordered fighter must be transferred to the customer by the autumn of this year. Education of Indian pilots on MiG-29K in Russia has already begun.
Currently, Indian Navy are considering the purchase of 29 new MiG-29K aircraft carrier for the national, construction of which started in the state shipyards' Cochin shipyard. The reason for the purchase is behind schedule the program to develop versions of the deck light combat aircraft "Tedzhas, as well as difficulties with the modernization of outdated aircraft Sea Harrier.
According to the source in the Indian Ministry of Defense, in the course of negotiations in December, the Russian side had put forward the requirement to increase the value of aircraft to 75 million dollars per unit. According to the Russian side since the conclusion of the first agreement MiG-29K has been significantly improved, including the installation of modern equipment and container of self-defense.
Formal discussions on the details of the purchase of the aircraft has not yet taken place. According to unofficial reports, the Indian side is ready to raise the cost of the aircraft, but expects that it will increase by no more than 15%.
Indian Navy plans to establish a total of three squadrons of MiG-decked 29K. To do this in the future to bring the total number purchased MiG-29K and 50 units.