On Friday, Russia’s state-run nuclear energy corporation, Rosatom, showcased a range of nuclear solutions to India during a trade fair. The offerings included both large-capacity power units and small modular reactors, aimed at fostering new business opportunities between the two nations. This initiative reflects ongoing efforts to enhance energy collaboration and strengthen diplomatic ties in the nuclear sector.
Rosatom is among the key Russian entities participating in the Innoprom.India international industrial exhibition being held on the margins of the Brics Summit in New Delhi. Rosatom is currently the only foreign organisation engaged in building nuclear reactors in India at the Kudankulam plant in Tamil Nadu. During a tour of the trade fair, commerce minister Piyush Goyal and Russia’s industry and trade minister Anton Alikhanov were briefed on Russia-India cooperation in nuclear and related technologies by Kirill Komarov, Rosatom’s first deputy director general for international business. “We are the only foreign company constructing a nuclear power plant in India.
Among the products offered by Rosatom is the VVER-1200 reactor, which is more advanced than the VVER-1000 reactors used at the Kudankulam plant. Komarov noted that India has set an ambitious target of increasing nuclear capacity to 100 GW by 2047 and said Rosatom is already making a practical contribution towards achieving this goal.
“Considering the scale of India’s target, we are ready to offer our partners a wide range of modern nuclear solutions, from large-capacity power units to small modular reactors,” Komarov said. Two units of the Kudankulam nuclear power plant are operating reliably, while four more are at various stages of implementation,” he said. Rosatom MetalTech LLC, an enterprise of Rosatom’s Fuel Division, held a session on “Critical Minerals and Materials: New opportunities for industrial cooperation” where participants discussed industrial cooperation in the production of rare earth magnets, building consolidated demand for rare earth products, government support measures and investments for developing new production capacities.
