Russian state nuclear energy company Rosatom said on Tuesday it was discussing possibility of building six more nuclear power units in India, reported Reuters.
India's Prime Minister Narendra Modi is on two-day visit to Moscow, scheduled to hold official talks in the Kremlin later on Tuesday focusing on cheaper energy supplies and deeper economic and strategic ties.
The growing support for nuclear as a low-carbon energy source has seen uranium prices more than triple since the end of 2020, and the market could remain tight until 2029 as utilities replenish their inventories, according to Bloomberg Intelligence. Cooperation in civilian nuclear sphere doesn’t fall under the US sanction regime on Russia for its invasion of Ukraine.
“Kudankulam Nuclear Power Plant units 1 and 2 have already become operational, and the work is progressing on units 3 and 6,” India’s Foreign Secretary Vinay Kwatra said earlier. Moscow “remains an important partner for India’s energy security and defence,” he added.
Rosatom had previously supplied nuclear fuel to Kudankulam in 2022 and 2023.
Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, Developer and Lead Instructor View Program
Artificial Intelligence(AI) Basics of Generative AI : Unveiling Tomorrow's Innovations By - Metla Sudha Sekhar, Developer and Lead Instructor View Program
Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, Developer and Lead Instructor View Program
Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, Developer and Lead Instructor View Program
Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, Developer and Lead Instructor View Program
Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, Developer and Lead Instructor View Program
Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, Developer and Lead Instructor View Program
Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, Developer and Lead Instructor View Program
Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, Developer and Lead Instructor View Program
Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program
Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, Developer and Lead Instructor View Program
Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of domain experience, trainer View Program
Marketing Future of Marketing & Branding Masterclass By - Dr. David Aaker, Professor at Haas School of Business View Program
HR Human Potential and the Future of Employment By - Lynda Gratton, Co-chair of the World Economic Forum Council on Work, Wages and Job Creation, Professor of Management Practice View Program
Strategy ESG and Business Sustainability Strategy By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader View Program
Finance Financial Reporting and Analytics By - Dr. C.P. Gupta, Professor: Department of Finance and Business Economics, University of Delhi View Program
RECOMMENDED STORIES FOR YOU
India always respected UN charter, no solution on battlefield: Sources ahead of Putin-PM Modi talks
India secures major diplomatic victory as Russia agrees to release Indian workers in Russian Army
Viral Video: Russia President Putin gives 'Param dost' Modi a tour in his electric car
The bulk of India’s uranium output comes from Uranium Corp. of India’s mines in the northern state of Jharkhand, where reserves are fast depleting.
India has spot deals for the procurement of the fuel with nations including Kazakhstan, Russia, France, Uzbekistan and Canada.
(With Bloomberg inputs)Subscribe to The Economic Times Prime and read the ET ePaper online.
Subscribe to The Economic Times Prime and read the ET ePaper online.
Prime Exclusives Investment IdeasStock Report PlusePaperWealth Edition
QUAD Summit: PM Modi embarks on 3-day visit to US
'Biden-Harris admin forbid agents from discussing. '
Devotees express concern; demand action:Image" width="152" height="114" />Tirupati Prasadam: Devotees express concern; demand action
Hezbollah pounds northern Israel with 140 rockets
Manipur: '900 Kuki militants warn govt '
'Should not have said that. '
boAt is My Moat: Aman Gupta
Exert pressure on US not on Hamas for a ceasefire: Russia
more than 52 times in southern Lebanon:Image" width="152" height="114" />Israel hit Hezbollah more than 52 times in southern Lebanon
BigBasket's Hari Menon on Quick Commerce