India and Russia signed the General Framework Agreement and Credit protocol for Units 5 and 6 of the Kudankulam Nuclear Power plant located in the southern state of Tamil Nadu. Nuclear Power Corporation of India Ltd., and Russia’s Atomstroyexport, a subsidiary of Rosatom, will build the reactors. Each of the two...
Russia confirms $3.4 billion in credit for next two nuclear energy reactors
India and Russia on Tuesday signed a protocol for Russian funding for units III and IV at the Kudankulam Nuclear Power Project in Tamil Nadu. Russia will extend export credit amounting to $3.4 billion. Signed by India's Department of Atomic Energy Special Secretary A.P. Joshi and Russian Deputy Finance Minister...