India, Russia Reaffirm Nuclear and Energy Cooperation
POWER & RENEWABLE ENERGY

India, Russia Reaffirm Nuclear and Energy Cooperation

India and Russia on Friday reaffirmed their commitment to deepening cooperation in civil nuclear energy and the wider energy sector, underscoring the strategic importance of their Special and Privileged Strategic Partnership. The joint statement followed the 23rd India–Russia Annual Summit, during which both sides reviewed ongoing and prospective collaboration across multiple energy domains.

The discussions covered cooperation in oil and oil products, refining and petrochemical technologies, oilfield services, upstream exploration technologies, LNG and LPG infrastructure, and underground coal gasification. The two nations also examined progress in nuclear energy projects. Both sides stressed the need for timely resolution of issues affecting energy investment projects and agreed to work jointly to address investor concerns.

The leaders welcomed advancements at the Kudankulam Nuclear Power Plant, including the construction of the remaining units, and reaffirmed their commitment to meeting timelines for equipment and fuel supply. They also emphasised continued consultations on identifying a second nuclear power plant site in India, with the Indian side committed to completing the formal allotment process in line with prior agreements.

India and Russia further agreed to accelerate technical and commercial engagements on Russian-designed VVER nuclear reactors. Key focus areas will include research and joint development, localisation and the joint manufacturing of nuclear equipment and fuel assemblies for large-capacity reactors, subject to mutually agreed terms.

India and Russia on Friday reaffirmed their commitment to deepening cooperation in civil nuclear energy and the wider energy sector, underscoring the strategic importance of their Special and Privileged Strategic Partnership. The joint statement followed the 23rd India–Russia Annual Summit, during which both sides reviewed ongoing and prospective collaboration across multiple energy domains. The discussions covered cooperation in oil and oil products, refining and petrochemical technologies, oilfield services, upstream exploration technologies, LNG and LPG infrastructure, and underground coal gasification. The two nations also examined progress in nuclear energy projects. Both sides stressed the need for timely resolution of issues affecting energy investment projects and agreed to work jointly to address investor concerns. The leaders welcomed advancements at the Kudankulam Nuclear Power Plant, including the construction of the remaining units, and reaffirmed their commitment to meeting timelines for equipment and fuel supply. They also emphasised continued consultations on identifying a second nuclear power plant site in India, with the Indian side committed to completing the formal allotment process in line with prior agreements. India and Russia further agreed to accelerate technical and commercial engagements on Russian-designed VVER nuclear reactors. Key focus areas will include research and joint development, localisation and the joint manufacturing of nuclear equipment and fuel assemblies for large-capacity reactors, subject to mutually agreed terms.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code