Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
India and Russia sign deal for new nuclear plants
12-06-2008, 11:42 PM
Post: #1
India and Russia sign deal for new nuclear plants
NEW DELHI (December 06 2008): Russian President Dmitry Medvedev signed agreements on Friday to develop new nuclear plants in India as the countries sought to deepen ties beyond their historic defence and weapon-sales relationship. The deal will allow Russia to build more reactors at the Kudankulam nuclear power plant in the southern Indian state of Tamil Nadu and plants elsewhere in country, the Indian government said in a statement.

The agreement comes after India earlier this year signed a nuclear pact with the United States, giving New Delhi access to civilian nuclear fuel and technology on the international market for the first time in three decades. Overturning a US ban on nuclear trade instituted after India first tested an atomic device in 1974, the US pact provides India with access to nuclear fuel, reactors and technology to generate power for its 1.1 billion plus people.

"The signing of the agreement on civil nuclear co-operation with Russia marks a new milestone in the history of our co-operation with Russia in the field of nuclear energy," Prime Minister Manmohan Singh said at a news conference with Medvedev. Russia is competing with the United States for influence in India, a Cold War ally of Moscow which the Kremlin sees as a growing partner in Asia.

"The co-operation in the energy sector remains a priority for us," Medvedev said. "We are very interested in developing co-operation in the nuclear sector. It is especially important now that various energy sectors are being developed." Both countries signed a contract for India to buy 80 Mi-17 transport helicopters (Mi-17), worth more than $1 billion, said Anatoly Isaikin, head of Russia's state-run arms-export monopoly Rosoboron.

India, which wants to buy billions of dollars of weapons as it rearms, has been unhappy with hold-ups on major Russian arms contracts, including a delay to a $1.5 billion aircraft carrier modernisation. "Our main task is to switch from buying or selling weapons to jointly designing and producing them. We have such plans in rocket building and aviation," Medvedev said.

India, along with China, is one of Russia's biggest clients for arms sales. The two also signed a deal to cooperate on future manned space flight, and on building an astronaut training centre, said Anatoly Perminov, head of Russia's space agency Roskosmos.

An Indian astronaut is expected to fly on the Soyuz rocket in 2013, he said. India plans to send an astronaut into space with its own rocket by 2014 to become only the fourth nation after China, the United States and the former Soviet Union to do so. India launched its first unmanned moon mission Chandrayaan-1 on October 22, joining the Asian space race in the wake of rival China.

http://www.brecorder.com/index.php?id=848048
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  CDA, SUPARCO to sign MoU for satellite imaging of capital Salman 0 5,892 12-14-2013 06:19 PM
Last Post: Salman
  CDA Plans To Make Non-Functioning Water Plants Operational Salman 0 11,727 11-05-2013 01:50 PM
Last Post: Salman
  CDA to install more filtration plants in Sector G-11 Salman 0 3,975 05-01-2013 03:51 PM
Last Post: Salman
  Russia waits for real investment cooperation Salman 0 3,773 04-26-2013 12:35 PM
Last Post: Salman
  Shahbaz orders work on two 50MW energy plants Salman 0 4,583 10-24-2012 12:27 PM
Last Post: Salman
  New societies told to put up LPG plants Salman 0 5,013 07-10-2012 03:04 PM
Last Post: Salman
  CDA, Chinese govt sign MoU for Ghazi Barotha water project Salman 0 4,652 06-08-2012 01:22 PM
Last Post: Salman
  Punjab govt delegation leaves for Iran to sign deals Salman 0 4,553 04-10-2012 12:06 PM
Last Post: Salman
  Turkey offers to build power plants in Punjab Salman 0 5,050 01-06-2012 12:46 PM
Last Post: Salman
  Punjab Development News : 505 new water plants soon, says CM Salman 0 4,561 12-22-2011 04:50 PM
Last Post: Salman
  CM to sign agreements, `not MoUs` with China Lahore_Real_Estate 0 3,299 04-18-2011 12:58 PM
Last Post: Lahore_Real_Estate
  Pakistan's nuclear arsenal is estimated at more than 100: WP Lahore_Real_Estate 0 3,680 01-31-2011 04:04 PM
Last Post: Lahore_Real_Estate
  India, Pakistan to sign four-nation gas deal Lahore_Real_Estate 0 4,474 12-10-2010 01:31 PM
Last Post: Lahore_Real_Estate
  Construction of power plants Lahore_Real_Estate 0 3,098 12-09-2010 01:27 PM
Last Post: Lahore_Real_Estate
  Pakistan and Russia sign MoU on energy cooperation Lahore_Real_Estate 0 3,897 11-20-2010 12:59 PM
Last Post: Lahore_Real_Estate
  US, Kazakhstan sign agreement easing air transit to Afghanistan Lahore_Real_Estate 0 4,166 11-13-2010 01:42 PM
Last Post: Lahore_Real_Estate
  Nuclear Black Market in Georgia LRE 0 4,835 11-10-2010 10:01 AM
Last Post: LRE
  Chinese to help build Ring Road, power plants Lahore_Real_Estate 0 4,331 11-08-2010 02:56 PM
Last Post: Lahore_Real_Estate
  Aisam-Rohan in SF of ATP Championship in Russia Lahore_Real_Estate 0 3,172 10-30-2010 04:28 PM
Last Post: Lahore_Real_Estate
  Iran doesn't need nuclear weapons: Pakistan Lahore_Real_Estate 0 4,331 10-19-2010 11:48 AM
Last Post: Lahore_Real_Estate

Forum Jump:


User(s) browsing this thread: 1 Guest(s)