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putin india sign deal worth $100 bn

So India is doing a favor for Russia.
In short we never forget who are our real friends. yes we are cosy to west but when it comes to taking sides we always stand with our true friends & natural allies.same goes to China as well but if china has to maintain allies status to us they must treat us as equally like Russians do it.there much more we can achieve together than dispute over tiny piece of land with no statergic importance.
 
3 billion a reactor is just to much
I think the reason for this high price is the Liability law.
India cracks N-liability barrier with Russia
Refer here:
Under the agreement, India’s public sector General Insurance Company has evaluated each component of the Russian reactors and has prescribed an insurance premium it will charge to cover any compensation Russia has to pay for an accident.

These premiums — for 20 years, the lifetime of the reactors — have then been added to the original cost of the reactors to arrive at the price tag that India will pay. The original cost of the reactors was about $1 billion (Rs 6,000 crore) each — and the delays and the insurance cover have led to the increase in price.

“Sure, ultimately the government of India — that is your taxpayer — is effectively covering the liability, but that is the only way it was ever going to be,” a Russian official said.
 
We passed a nuclear liability around 4 years ago.Since then noone came for a deal with us in nuke energy field something that we desperately need for quenching our booming consumption.

Now Russia took that risks.So they got the deal.
True and am smelling another surprise purchase of Russian military equipment by India . Let's wait a watch . Will be happy I we JV S500 or even more futuristic programs.
 
We passed a nuclear liability around 4 years ago.Since then noone came for a deal with us in nuke energy field something that we desperately need for quenching our booming consumption.

Now Russia took that risks.So they got the deal.

though we have a breakthrough with Russia on N liability the risks will be taken by GIC - General Insurance Corporation of India who will insure and Take the risks in these plants

Risks not borne by russia

anyway we have a deal - and the N liability covered that is the important part
 

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