Putin's nuclear power hardsell: SMRs, new-gen large reactors, Make in India, Pg1

Key Highlights:

• Rosatom is promoting its Small Modular Reactors (SMRs) for specific applications in India.
• Discussions during President Putin's visit will focus on atomic power reactor projects.
• India and Russia's energy cooperation remains unaffected by Western sanctions.
• Over 90% of transactions between India and Russia are conducted in national currencies.

Detailed Insights:

• Rosatom aims to position its new-generation atomic power reactors as a cornerstone of India-Russia cooperation in nuclear energy.
• Putin highlighted that some actors dislike India's growing international role and are creating obstacles to constrain its influence.
• The US continues to purchase nuclear materials from Russia, raising questions about sanctions on other countries like India.
• Bilateral trade between India and Russia is increasing, with a focus on using national currencies for transactions.

Key Concepts Involved:

• Small Modular Reactors (SMRs): Nuclear fission reactors that are smaller than conventional nuclear reactors and manufactured at a plant and shipped to a site for installation.
• Rosatom: A Russian state corporation specializing in nuclear energy and nuclear non-energy products.