13th ANNUAL INDIA-RUSSIA SUMMIT

Venue: New Delhi

• The Indian side was led by Prime Minister Manmohan Singh while the Russian delegation was led by the visiting President Vladimir V. Putin
• Setting aside their differences over civil nuclear cooperation and Russian telecom giant Sistema’s investment, India and Russia have signed two key defence deals worth about Rs 25,000 crore for the supply of 42 new Su-30 MKI combat aircraft and 71 Mi-17V5 helicopters to India.
• The two countries also inked other agreements in fields, such as space, trade and investment, science and technology, education and culture, reinforcing the strong dynamics of their time-tested friendship.

 NEW ACCORD ON CIVIL NUCLEAR ENERGY:

• Under the new accord, Russia has committed that it would build another nuclear power plant in Koodankulam (Tamil Nadu) where it has already set up two plants for generating nuclear energy.
• The new plant will have a capacity of producing 1000 mw of nuclear energy every year. As a result, India’s nuclear energy generating capacity will go up to over 20,000 mw.