New Delhi (Sputnik): India and Russia have signed an agreement to jointly implement new nuclear projects on the sidelines of the 19th India-Russia annual bilateral summit in New Delhi.
READ MORE: Rosatom Begins Construction of 2nd Unit of Bangladesh’s First Nuke Power Plant
The Action Plan for the Prioritization and Implementation of Cooperation Areas in the Nuclear Field, drafted jointly by Russia and India, was signed by Rosatom Director General Alexey Likhachev and the Secretary of India's Department of Atomic Energy and Chairman of its Atomic Energy Commission Kamlesh Vyas.
Our countries are like friends in the field of nuclear energy. Now we don't only buy & sell technology. We can also work together for the production of these products in India. In defense also, we can manufacture here under 'Make In India': PM Modi at India-Russia Business Summit pic.twitter.com/SrRWERHfbY
— ANI (@ANI) October 5, 2018
"We are satisfied with our strategic cooperation with India, where Russian-designed nuclear power units are operating and being constructed at the Kudankulam site. We expect to start implementation in the near future of the serial construction of new units at the second site in India. This will significantly increase the level of equipment localization within the framework of the Make in India policy, as well as optimize the timing and cost of the proper execution. Moreover, India is our trusted partner, with whom we are already implementing projects in third countries, and we plan to enhance this cooperation," Alexy Likhachev said.
READ MORE: Utmost Safety Ensured at Bangladesh’s Nuke Plant — ASE Group
Rosatom, the Russian state atomic energy corporation, is presently building nuclear reactors in Kudankulam in the Indian state of Tamil Nadu. Additionally, Rosatom is collaborating with India to set up a nuclear power plant in Rooppur in Bangladesh, where Indian companies can assist in construction and installation work that has been deemed "non-critical."
