Putin spoke as he reviewed contracts confirmed to build a second line of the Kudankulam nuclear power plant and a draft of other joint ventures.
The sides have agreed to build more than 20 nuclear power units in India, and cooperate in joint uranium production, nuclear waste disposal and construction of other nuclear facilities designed by Russia.
“We are paving the way for long-term, true and mutually beneficial cooperation,” Putin said, noting the creation of a new industry for the country.
Russia and India signed a document on strategic vision of the strengthening of ties in peaceful use of nuclear energy.Besides, Russia’s Rosatom State Atomic Energy Corporation and India’s Department of Atomic Energy signed a provision on non-disclosure of technical data and confidential information within the framework of cooperation on peaceful uses of atomic energy.
Russian specialists have been building the Kudankulam nuclear power plant in India’s southern state of Tamil Nadu since 1998, when the sides signed a general agreement on construction. The project provides for the construction of four energy units with a capacity of 1,000 megawatts each. In 2010, the sides signed a roadmap for the serial construction of up to 14-16 Russian-designed nuclear units in India. In the spring of 2014, Russia and India inked a deal for the construction of Kudankulam’s second stage.
By 2017, India plans to build 19 nuclear units with an overall capacity of 17,400 megawatt. Eight of these 19 will be built in partnership with other countries.