Russia’s State Atomic Energy Corporation- Rosatom formally opened a regional centre in Mumbai, India on October 20.
The opening ceremony took place within the framework of the India Nuclear Energy international conference and exhibition. Besides India, the Mumbai office will also be in charge of the company`s projects in Bangladesh and Sri Lanka, said a press release from Rosatom.
Speaking on the occasion, Aleksey Pimenov, Regional President of Rosatom South Asia said that the creation of a network of offices all over the world is related to the expansion of Rosatom`s global footprint.
It is also in line with the company`s long-term development strategy, which stipulates an ambitious but achievable target of increasing the foreign order portfolio to US $ 150 billion in the next ten years.
Terming India as a historically key foreign partner Pimenov said, "Two power units of Russian design are already operating on the Kudankulam NPP site and two more are under construction. To increase the state corporation`s market presence, it was decided to open a regional center in Mumbai. This will enable us to join forces with our Indian partners and enhance the performance of Russian nuclear enterprises operating in India,"
The management and development of Rosatom`s regional network is managed by Rusatom International Network.
The regional center will be responsible for strengthening the current positions of Rosatom in the South Asian market and identifying new opportunities for the development of its nuclear power and non-energy businesses.
Rosatom has already opened similar offices in Latin America, Western, Eastern and Central Europe, Central Asia, Southeast Asia, the Middle East and North America.