Modi, Putin to hold summit talks today at Kremlin

December 24, 2015 08:08

Prime Minister Narendra Modi and Russian President Vladimir Putin will hold 16th India-Russia annual summit talks today at the Kremlin following which the two sides are expected to sign a number of pacts to expand cooperation in a number of key areas including defence, nuclear energy, hydrocarbons and trade.

The talks between the two countries, bound by "special and privileged strategic ties", have been taking place alternately in Moscow and New Delhi since 2000.

In the nuclear energy sector, India is expected to offer a site in Andhra Pradesh to set up units five and six of Kudankulam nuclear power plant.

The new plants will be in sync with broad principles of 'Make in India' initiative and a decision in this regard is likely to be finalised today.

It is expected that both countries will seal a number of defence deals as well.

Last week, India's defence ministry's top acquisition council had cleared the purchase of Russian S-400 Triumf air defence missile systems at an estimated cost of Rs 40,000 crore and there may be an announcement of the deal today besides a few others.

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