India, Russia sign pact for two more N-units
St Petersburg (Russia), June 1: India and Russia on Thursday signed the much-awaited agreement on setting up of two more units of a nuclear power plant in Tamil Nadu and decided to give a “new direction” to the defence cooperation between the two “great powers”.
The two countries also decided to hold the first triservices exercises, named ‘Indra-2017’, this year and start joint manufacturing of frigates, adding on to the co-production of Kamov-226 military helicopters.
These decisions were taken at the wide-ranging talks between Prime Minister Narendra Modi and Russian President Vladimir Putin here which covered issues like terrorism and increasing trade and investment.
Addressing the media jointly with Putin after the talks, Mr Modi said the relations between India and Russia have been unwavering, based on “mutual love, respect and strong trust”.
“From culture to security, our relations have been at par... We speak in one language,” he added.
He said the two leaders had decided to speed up the bilateral cooperation in all fields, for which an ‘Action Plan’ has been devised.
Noting that India and Russia were celebrating the 70th anniversary of their relations, Mr Modi said there has been no impact on the ties in all these decades.
Mr Putin described the talks as substantive and said the “partnership is developing into strategic and privileged one”.
UNITS 5 AND 6 of the Kudankulam Nuclear Power plant will be built by Nuclear Power Corporation of India Ltd and Russia's Atomstroyexport company.
Relations between India and Russia have been unwavering, based on mutual love, respect and strong trust... We speak in one language...” NARENDRA MODI Prime Minister
St Petersburg (Russia), June 1: India and Russia on Thursday signed the much-awaited agreement on setting up of two more units of a nuclear power plant in Tamil Nadu and decided to give a “new direction” to the defence cooperation between the two “great powers”.
A Joint Declaration issued after the talks said that “the IndianRussian special and privileged strategic partnership is a unique relationship of mutual trust between two great powers.”
It said the relationship covers all areas of cooperation, including in the spheres of political relations, security, trade and economy, military and technical field, energy, scientific, cultural and humanitarian exchanges, and foreign policy.
The relationship helps promote national interests of both countries, and contributes to the establishment of a more peaceful and just world order, the declaration said. Among the major outcomes of the summit meeting was the signing of the agreement on setting up of Units 5 and 6 of the Kudankulam Nuclear Power Plant with the Russian help in TN, which Modi said will further strengthen the ties between the two countries.
The reactors will be built by India's Nuclear Power Corporation of India Ltd (NPCIL) and Russia's Atomstroyexport company, a subsidiary of Rosatom, the regulatory body of the Russian nuclear complex. Each of the two units will have a capacity to produce 1,000 MW of power.
The document titled ‘A vision for the 21st Century’ said economies of India and Russia complement each other in the energy sector and both countries will strive to build an “energy bridge”. — PTI