India and Russia ink key pact for 2 nuclear power units in Kudankulum

NEW DELHI: India and Russia putting all speculations to rest on Thursday signed General Framework Agreement and Credit Protocol for constructing Units 5 & 6 at the Kudankulam Nuclear Power Plant (KNPP) giving much needed boost to nuclear industry in this country.

The Agreement was signed after the 18th edition of Indo-Russian annual Summit at St Petersburg where PM Narendra Modi arrived on Wednesday night on a three-day visit.

“We welcome the conclusion of the General Framework Agreement and Credit Protocol for Units 5 and 6 of the Kudankulam Nuclear Power Plant… The future of Indian-Russian cooperation holds great promise across a wide spectrum covering nuclear power, nuclear fuel cycle and nuclear science and technology,” a read the St Petersburg Declaration (which laid down vision for partnership in the 21st century) issued after Modi-Putin annual summit.

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