India and Russia will soon announce the deal of KNPP unit 5&6

India and Russia will soon announce the deal of KNPP unit 5&6

Overview

  • Release Date: October 15, 2016

Prime Minister of India Narendra Modi and President of Russia Vladimir Putin will announce the signature of the agreement for the construction of Kudankulam Nuclear Power Plant (KNPP) unit 5 and 6 at the end of this year. The announcement could be made during ongoing 8th BRICS summit in Goa, India.

According to President Putin, Russia will continue to provide India with comprehensive assistance in developing nuclear energy sector. He further added that intergovernmental agreement on the fifth and sixth power units of the Kudankulam Nuclear Power Plant (KNPP) is now being drafted and in total, at least 12 new nuclear reactors may be constructed based on Russian technologies within next 20 years.

On 15th October 2016 India and Russia already signed 16 agreements on the sideline of BRICS Summit to deepen economic engagement between two countries.

 

About Author

Arnaud Lefevre

Arnaud Lefevre is the Chief Executive Officer of Dynatom International. Arnaud is in charge of the international development of the business portfolio.