India’s “energy diplomacy” with Russia will reap strategic dividends
Vladimir Putin embraces Narendra Modi during a session at SPIEF in 2017. PHOTO: AFP
India’s “energy diplomacy” with Russia will reap strategic dividends
It must be cautioned, however, that this scenario would risk complicating India’s recent rapprochement with China
The opening of the “Indian Energy Centre” in Moscow on Tuesday will reap strategic dividends for both sides. One of the world’s largest energy importers is showing its keen interest in expanding cooperation with one of the world’s largest energy exporters. It’s a perfect match between natural partners, but there’s more to it than just business. This development represents the long-overdue decision by New Delhi to more eagerly engage in “energy diplomacy” with Moscow, which will assist the recalibration of both of their delicate “balancing” acts between Great Powers, especially China. India simultaneously wants to re
Mr Shringla said his discussions confirmed the vitality of India s relations with Russia. (File)
Moscow:
India is looking forward to substantial Russian investments in the Make in India projects, including in defence, railways and petrochemical sector, Foreign Secretary Harsh Vardhan Shringla has said.
Mr Shringla was on an official visit to Moscow from February 17-18 for the India-Russia Foreign Office Consultations. It was his first foreign trip this year.
In an interview to Russian newspaper Kommersant on Thursday, Mr Shringla said India and Russia are looking at substantial investments in each other s energy sectors, including looking at new opportunities for supply of Russian Coking Coal for Indian steel sector.