Russia has offered to build over 20 nuclear power units in India, up from the 12 offered earlier if they help in building Russian-designed nuclear power stations in third countries. The cooperation is expected to be extended to the joint extraction of natural uranium, production of nuclear fuel and atomic waste elimination.
The proposal from Russia is significant considering ROSATOM, the State-owned Russian nuclear utility is building 29 nuclear reactors in more than 12 countries including Hungary, Egypt, Iran, Finland, Jordan, Turkey and Argentina.
An official involved in recent talks between Russia and India said that the new proposals could lay the foundation for “long-term, mutually beneficial cooperation in the nuclear sector.”
Prime Minister Narendra Modi had also met Russian President Vladimir Putin last week for a 90-minute interaction at Ufa on the sidelines of the BRICS Summit.
As part of the nuclear cooperation, an advance contract for the design of the third and fourth reactor units to come up at Kudankulam in Tamil Nadu could be signed. Russia is building the nuclear power project for India at this site.