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.

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