INS Viraat has already been decommissioned on 6.3.2017.
A proposal for conversion of INS Viraat as an Aircraft Museum including tourist and hospitality components on commercial basis was forwarded by the State Government of Andhra Pradesh to Ministry of Defence on 26th October 2016.
Andhra Pradesh Government has requested 50% equity participation by Ministry of Defence in their proposed Special Purpose Vehicle (SPV) for the proposal contained in reply to para (b) & (c). The proposal for equity participation was not accepted by the Ministry of Defence and the same has been communicated to Government of Andhra Pradesh on 14.12.2016.