“We have already observed that energy cooperation goes beyond crude oil trade, as in the field of peaceful nuclear energy, Russia and India are discussing new projects for the construction of nuclear reactors, including collaboration on small modular reactors, as well as siting approaches,” Kotwani told the Sputnik news agency.

The businessman also highlighted India’s strategic interest in developing energy projects in the Arctic, including those focused on regional logistics, which are key to its energy security.

In early December, during his visit to India, Russian President Vladimir Putin stated that Russia and India could cooperate on small modular reactors and floating nuclear power plants, as well as on the application of nuclear technologies in medicine and other sectors.

For his part, the general director of the Russian corporation Rosatom, Alexei Likhachev, reported that the possibility of locating the production of fuel for nuclear power plants on its territory had been discussed with India.

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