India Russia Sign Deal For Nuclear Plant

With PM Narendra Modi skipping Russia for the annual summit for the second year in a row, Jaishankar is in Moscow on a five-day visit to meet the Russian leadership....

Ruby Thakur
December 27, 2023
446

With PM Narendra Modi skipping Russia for the annual summit for the second year in a row, Jaishankar is in Moscow on a five-day visit to meet the Russian leadership. External Affairs Minister S Jaishankar addressing a community event during his five-day trip to Russia, where he met with the Russian leaders. He said, “Today, we signed some very important deals for building more units of the Kudankulam nuclear power plant.

India Russia Sign Deal For Nuclear Plant

Why In News

With PM Narendra Modi skipping Russia for the annual summit for the second year in a row, Jaishankar is in Moscow on a five-day visit to meet the Russian leadership.

External Affairs Minister S Jaishankar addressing a community event during his five-day trip to Russia, where he met with the Russian leaders.
He said, “Today, we signed some very important deals for building more units of the Kudankulam nuclear power plant.

Key Facts

The Kudankulam nuclear power plant is a joint project between India and Russia, who are providing the technical expertise.
The Kudankulam nuclear power plant is being built in Tamil Nadu with the technical assistance of Russia.

The construction began in March 2002. Since February 2016, the first power unit of the Kudankulam NPP has been steadily operating at its design capacity of 1,000 MW.
The plant is expected to start operating at full capacity in 2027.
Jaishankar called Russia a “special partner” in several domains such as defence, nuclear power and space.

He said, “We collaborate in areas of defence, space and nuclear [energy] with countries that we trust deeply.”
He also revealed that the two countries have decided that their negotiation teams will convene by the end of January to begin face-to-face talks on the free trade agreement between India and the Eurasian Economic Zone.
To a question on payment problem between Russia and India, he said in “an unusual situation, we are trying to find ways by which banks deal with each other”.

The ties between India and Russia remained strong notwithstanding Moscow’s invasion of Ukraine.
India has not yet condemned the Russian invasion of Ukraine and it has been maintaining that the crisis must be resolved through diplomacy and dialogue.
India’s import of Russian crude oil has gone up significantly despite increasing disquiet over it in many Western countries.

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Ruby Thakur

General Studies Lecturer SSBCrackExams, BSc In PCM, Trained Students For State Services Exams. Expertise in Geography ,Polity & Current Affairs. Love Travelling.