I would also suggest that Israeli's, namesly Elisra is one of the finest in terms of EW capabilities. Israel has niche capabilities that is better than most of the alternatives.
Apart from the range, price, more powerful transmitters, number of transmitters, there is also the issue of number of operators/consoles.
And incase you are talking about the performance penalties of the static rotodome, then you should also have read on the new engines installed on this version of the Il.
A lot of things mate here mate, money does pay off somewhere and you have to accept it. Though for PAF's needs and the threat to IAF, the Erieye is more than sufficient, after all beyond a certain requirement, additional capabilities offer only diminishing returns for the money spent. India has different requirements.