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PM to visit Russia, suspense over nuclear pact

Press Trust of India  |  New Delhi 

A proposed agreement with for setting up of two more units of Kudankulam Nuclear Plant in remains in the realm of suspense ahead of Prime Minister Modi's visit to that country a fortnight from now.

Modi will be travelling to St Petersburg on June 1 to attend the St Petersburg International Economic Forum (SPIEF).

On the sidelines, he is expected to have talks with Russian President to review the state of bilateral relations and ways to push the ties further.

However, it is not clear whether the General Framework Agreement (GFA) for setting up of units 5 and 6 of the Kudankulam Nuclear Power Plant (KNPP) will be signed during the Prime Minister's visit.

The GFA, which is the final pact before a project can commence, has been cleared by an inter-ministerial group and is with the Prime Minister's Office (PMO) for its nod, a top source said.

"After its evaluation by the inter-ministerial group, the proposal has now been sent to the PMO and is awaiting its green signal," the source said.

The issue related to the GFA had figured in the talks between the two countries last week when Russian Deputy Prime Minister Dmitry Rogozin was here to prepare the ground for the bilateral meet between Modi and Putin.

Rogozin had co-chaired an inter-governmental commission meeting with External Affairs Minister Sushma Swaraj where the two sides agreed to take forward collaborative projects in a range of sectors, including nuclear energy, and joint projects in third countries.

According to an October 2015 joint statement issued after a meeting between Modi and Putin, the two sides had "reaffirmed" their intention to conclude the GFA and the Credit Protocol for Kudankulam Nuclear Power Plant (KKNPP) units 5 and 6 by the end of 2016.

sources said the GFA between India and was to be signed by December last year but it has been pending because of disagreement between the two sides over credit protocol.

The delay also comes against the backdrop of concerns in India over Russia's growing proximity with Pakistan. India also wants to make more efforts to get it into the elite (NSG).

A part of the KKNPP project, units 5 and 6, with a capacity of 1000 MW each, are being built with Russian collaboration.

Unit 1 and 2 of the KKNPP are already operational.

In August 2016, Modi and Putin jointly dedicated Unit 2 of the plant to "India-Russia Friendship and Cooperation" and witnessed the laying of foundation concrete for KKNPP units 3 and 4 through video-link.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 17 2017. 20:22 IST