India and Russia today held wide- ranging talks on nuclear, space, energy and economic cooperation and agreed to finalise the long-pending deal for the third and fourth reactors of Kudankulam power plant soon.

Chairing the India-Russia Inter-Governmental Commission meeting, External Affairs Minister Salman Khurshid and Russian Deputy Prime Minister Dmitry Rogozin deliberated on a range of issues to further enhance cooperation in key areas. Sources said the progress made in Kudankulam nuclear power plant was assessed by both sides. It was hoped that by April-May, the nuclear power plant will achieve full capacity.

They also reviewed the "rapid progress" being made on completion of Kudankulam unit two and hoped that it would be connected to the power grid before the end of the year.

The sources said there was a general agreement to build on the momentum underway and conclude at an early date the general framework agreement on Kudankulam 3 and 4.