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India, Russia ink deal for new nuclear power generation units | India, Russia ink deal for new nuclear power generation units |
(about 13 hours later) | |
The two governments have signed an agreement for additional units for the Kudankulam Nuclear Power Plant | The two governments have signed an agreement for additional units for the Kudankulam Nuclear Power Plant |
During an address in Moscow on Tuesday, Indian External Affairs Minister S. Jaishankar announced a new agreement between India and Russia for the construction of additional units at the Kudankulam Nuclear Power Plant (KNPP) in Tamil Nadu. | During an address in Moscow on Tuesday, Indian External Affairs Minister S. Jaishankar announced a new agreement between India and Russia for the construction of additional units at the Kudankulam Nuclear Power Plant (KNPP) in Tamil Nadu. |
The existing joint project includes operational units 1 and 2 with a capacity of 1000 MW each, while the four remaining units of the same capacity are currently under construction. They are set to be completed by 2027, resulting in a total capacity of 6000 MW. | The existing joint project includes operational units 1 and 2 with a capacity of 1000 MW each, while the four remaining units of the same capacity are currently under construction. They are set to be completed by 2027, resulting in a total capacity of 6000 MW. |
“Today, we signed some important agreements pertaining to future units of the Kudankulam Nuclear Project,” the minister said. In his speech, he called Russia a “special partner” in several domains, such as defense, nuclear power, and space. “Collaborations are done... with countries with which you have a high degree of trust,” he added. | |
Additionally, Jaishankar disclosed that face-to-face discussions on the free trade agreement between India and the Eurasian Economic Zone are set to commence early next year. | Additionally, Jaishankar disclosed that face-to-face discussions on the free trade agreement between India and the Eurasian Economic Zone are set to commence early next year. |
Earlier on Tuesday, Jaishankar, along with Russia’s deputy prime minister and minister of industry and trade, Denis Manturov, co-chaired the Intergovernmental Russian-Indian Commission on Trade and Economic, Scientific, Technical, and Cultural Cooperation. These discussions took place at the ‘Russia’ exposition, a prominent exhibition at Moscow’s VDNKH complex. | Earlier on Tuesday, Jaishankar, along with Russia’s deputy prime minister and minister of industry and trade, Denis Manturov, co-chaired the Intergovernmental Russian-Indian Commission on Trade and Economic, Scientific, Technical, and Cultural Cooperation. These discussions took place at the ‘Russia’ exposition, a prominent exhibition at Moscow’s VDNKH complex. |
The two officials covered various aspects of cooperation, including trade, investment, finance, banking, transport logistics, energy, and food security. They also emphasized advancing priority projects in industrial cooperation, according to a report by TASS news agency. | The two officials covered various aspects of cooperation, including trade, investment, finance, banking, transport logistics, energy, and food security. They also emphasized advancing priority projects in industrial cooperation, according to a report by TASS news agency. |
“In recent years, despite the challenges faced by our countries, trade and economic ties have been rapidly developing. There is no doubt that the Russian-Indian trade turnover by the end of this year will exceed a significant milestone of $50 billion and set a new historical maximum,” Denis Manturov noted. | |
Jaishankar has also explored several exhibition pavilions, including the ATOM pavilion, which showcases Russia’s achievements in the development of the nuclear industry. | |
Where India Meets Russia – We are now on WhatsApp! Follow and share RT India in English and in Hindi | Where India Meets Russia – We are now on WhatsApp! Follow and share RT India in English and in Hindi |
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