India, Russia sign agreements on nuclear power, oil, military cooperation

December 12, 2014 9:41 am 

NEW DELHI, Dec. 12 — India and Russia Thursday signed 20 agreements ranging from nuclear power, military cooperation and oil exploration, after a summit between Indian Prime Minister Narendra Modi and visiting Russian President Vladimir Putin here.

Among the documents inked was the "Strategic Vision for Strengthening Cooperation in Peaceful Uses of Atomic Energy" that "envisages a roadmap of bilateral cooperation in the civil nuclear energy sector for the next two decades," which gives a roadmap for Russia to build 12 nuclear units in India.

Another document inked was for providing "technical data and information nondisclosure in the framework of cooperation in the field of peaceful use of nuclear energy."

This "envisages provisions or terms of information exchange between the nuclear agencies of both the countries," according to an official statement, adding that it will "provide an impetus to scientific and technological cooperation in the peaceful use of nuclear energy."

Both sides also signed a "program of cooperation (PoC)" for cooperation in the field of oil and gas in 2015-16 period, which sets out a concrete program for cooperation, envisaging projects including joint exploration and production of hydrocarbons, long- term liquefied natural gas supplies and joint study of a hydrocarbon pipeline system connecting Russia with India.

Another agreement was for "training of Indian armed forces personnel in military educational establishments of the defense ministry of the Russian Federation."

Both sides inked a protocol for consultation between their foreign ministries and another agreement for healthcare cooperation.

A memorandum of understanding was signed between Essar and Rosneft for long-term supply of crude oil, which envi

sages 10-year supply and purchase by India of crude oil and feed stocks or products.

A formal contract between Nuclear Power Corporation of India Limited and Russia's Atomstroyexport was signed for units 3 and 4 of the Kudankulam nuclear power plant in Tamil Nadu.

This will "mark the commencing of the implementation of the units 3 and 4 of Kudankulam nuclear power plant with supply of some major equipment by Atomstroyexport," Russia's nuclear power equipment and service export company. (PNA/Xinhua)

FPV/JSD

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