Sam Walsh, the chief executive of Rio Tinto Ltd., announced that his company is expected to start exporting uranium to India in another two years by which time safeguards to use the uranium only for power generation would be in place.

Modi and Australian Prime Minister Tony Abbott signed a deal in September for Australia to sell India uranium, in a show of international acceptance toward India’s nuclear program.

India has nuclear energy agreements with 11 countries and imports uranium from France, Russia and Kazakhstan. Rio Tinto is one of the world’s top uranium producers.