Putin-MMS Ink Energy Pact
The Prime Minister of the
Republic of India, Dr. Manmohan
Singh, paid an official visit to the Russian Federation on 20-22 October 2013,
at the invitation of the President of the Russian Federation Mr. Vladimir V. Putin. President of the
Russian Federation.
The sides reaffirmed their
commitment to implement the Agreement between the Government of the Russian
Federation and the Government of the Republic of India on the Enhancement of
Cooperation in Oil and Gas Sector concluded on December 21, 2010.
The sides noted the importance
of cooperation in order to organize long-term supplies of hydrocarbons to India
from Russia, conducive to strengthening India’s energy security and
diversification of energy exports from Russia through LNG supplies to India.
The sides expressed satisfaction with the dynamic development of cooperation
between JSC Gazprom and Indian companies to organize long term supplies of LNG
to India from the Gazprom Group portfolio.
Both sides also agreed to
explore the possibilities of direct transportation of hydrocarbons from Russia
to India through the land route. The sides agreed to set up a Joint Study Group
in this regard.
The Indian side expressed
OVL’s interest in participating along with Russian companies in exploration for
hydrocarbons in the Arctic region.
The sides welcomed the signing
of the Memorandum of Understanding on Energy Efficiency between FSBO Russian
Energy Agency of the Ministry of Energy of Russia and the Bureau of Energy
Efficiency of India.
The sides noted with
satisfaction the progress in regard to the commissioning of Unit-1 of the Kudankulam Nuclear Power Plant and agreed to take necessary
steps to expedite the completion of Unit-2. The sides also agreed to expeditiously
finalise the General Framework Agreement and the Techno-Commercial Offer for
Units- 3 & 4 of the Kudankulam Nuclear Power
Plant. The sides reaffirmed their commitment to the Agreement between the
Government of the Republic of India and the Government of the Russian
Federation on cooperation in the construction of additional nuclear power plant
units at Kudankulam site as well as in the
construction of Russian designed Nuclear Power Plants at new sites in the
Republic of India, concluded on December 5, 2008; the Agreement between the
Government of the Republic of India and the Government of the Russian
Federation on Cooperation in the use of Atomic Energy for Peaceful Purposes and
the Road Map for the Serial Construction of the Russian designed Nuclear Power
Plants in the Republic of India, concluded on March 12, 2010.
The sides emphasized the need
to facilitate cooperation among power sector companies of both the countries
for modernization of existing power plants and construction of new power plants
in India.
The sides expressed
satisfaction with the signing of the Vladivostok Ministerial Declaration and
Plan of Action on Regional Cooperation for Enhanced Energy Security and the
Sustainable Use of Energy in Asia and the Pacific, 2014-18.
Defence Co-Operation
The sides welcomed the
delivery of the Russian-built frigate Trikand to
India in 2013, licensed production of Su-30MKI aircraft and T-90S tanks in
India, as well as successful completion of the trials of the aircraft carrier Vikramaditya. The sides took note of the progress made in
the field of joint design, development and production of high-technology
military equipment and implementation of projects such as the construction of
the fifth-generation fighter aircraft, multi-role transport aircraft and BrahMos supersonic missile. The sides agreed to enhance
cooperation in the fields of rocket, missile and naval technologies and weapon
systems.