India in Advanced Talks With Russia for Nuclear Plant


  • India in Advanced Talks With Russia for Nuclear Plant

    NEW DELHI – India is in advanced discussions with Russia to expand an upcoming nuclear power plant in the southern state of Tamil Nadu, the federal foreign secretary said Wednesday.

    "Discussions are in advanced stages and there are prospects for taking them forward very soon," Ranjan Mathai said at a news conference, ahead of Prime Minister Manmohan Singh's three-day visit to Russia that starts Thursday.

    He didn't give any deadline for sealing a final deal...

    webmasters comment:

    Russia has an interesting way of selling nuclear power plants, where they 1st lend the country the moneys so they can pay Russia for building it, next they profit from selling them fuel, maintenance etc. They are actually building their own nuclear profit centers on foreign teritories. Smart from their side and very stupid from any country accepting such a deal.

    Source: online.wsj.com