As part of a push for cleaner energy, India's Federal Government is planning permit foreign investment in its civil nuclear power industry, and also allow greater participation by domestic private firms. These measures were recommended by a government panel, set up by think-tank Niti Aayog which is headed by Prime...
Russia to Build Six New Nuclear Units in India
During the Russia-India summit in New Delhi on October 5, general director Alexey Likhachev of Rosatom, and the chairman of the Atomic Energy Commission of India, Kamlesh Vyas signed an agreement according to which Russia will build six new nuclear units in India. Other deals in the pipeline: Four S-400...
Russia to Build Two New Nuclear Power Plants in India
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...
Russia seeks India co-investment in $3 billion Elkon Uranium Project
Russia offers India 49% control of joint uranium mining projects in country, such as the proposed Elkon development. Russia's Rosatom and India's Uranium Corporation of India Limited have been negotiating the joint development of a large uranium reserve in the republic of Sakha, Sergei Kiriyenko, the Russian state nuclear holding's...