Trade between the traditional allies have shot up five times in the past three years, according to trade ministry data, as India lapped up Russian crude oil while most others shunned its barrels following the invasion of Ukraine.

Since gaining independence in 1947, India's power sector has achieved remarkable growth, with the installed capacity soaring from a mere 1,300 MW to an impressive 400 GW by 2023. This growth trajectory has been propelled by strategic investments in thermal, hydro, and renewable energy, underlining the sector's resilience, adaptability, and alignment with global sustainability goals.

Ammonia, which consists of nitrogen and hydrogen, boasts a high energy density, making it a practical medium for hydrogen storage and transport.

The new cooperation creates prospects for implementing joint projects in uranium exploration and mining in Mongolia, allowing both parties to strengthen their positions in the uranium industry, Kazatomprom said.

“In the past three months, my visiting Russia twice demonstrates our close relationship and deepening friendship,” Modi said Tuesday in televised remarks. Putin also praised the “strategic partnership” between the two countries.

BRICS member countries currently have 390 GWe of operable nuclear power units with a further 66 MWe under construction.

China remains the biggest buyer of Russian coal but Moscow has said India may overtake it by the start of the next decade as Beijing plans cutbacks on coal usage for power generation.

President Kassym-Jomart Tokayev announced last year that a referendum would be held, and has said the country was in "dire need of reliable and environmentally-friendly" sources of energy, that nuclear could "largely" meet the rapidly growing needs of the Kazakh economy, but any decision on nuclear must be taken with the support of the people.

Electricity being the key driver for rapid economic growth and poverty alleviation sets the target of providing access to all households.

Russia ranks third globally in coal reserves (182 billion tons) and is the sixth-largest coal producer in the world (accounting for 4.5% of global coal production). Russia’s coking coal is typically used in metallurgy production such as steel manufacturing.

India plans to connect 35 GW of solar and wind energy capacity to its grid during the fiscal year 2024-2025,

Central Asia was an important source of uranium in the former Soviet Union.

Amid the lower projections, the department said, "India remains the key export destination for Australian metallurgical coal along with Japan, with volumes remaining relatively stable for both."

India’s Maharashtra Electricity Regulatory Commission (MERC) has authorised the Maharashtra State Electricity Distribution (MSEDCL) to procure an additional 5,991 MW of solar capacity through competitive bidding.

At the end of 2023, solar and wind accounted for nearly 24% of installed capacity in India, with respectively 73 GW and 45 GW, while hydropower capacity reached 52 GW.