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Tata, Russian Firm in Pact for Energy R and D

Published: 26th December 2015 04:33 AM  |   Last Updated: 26th December 2015 04:33 AM   |  A+A-

NEW DELHI: Tata Power has signed a memorandum of understanding (MoU) with the Ministry of Development of Russian Far East to explore and develop investment opportunities in the energy sector.

“The MoU reflects the mutual intentions of the parties to cooperate for the purpose of realisation of investment projects in the energy sector across the Russian Far East,” Tata Power said in a statement.

Under the MoU, the Ministry of Development of Russian Far East will cooperate with and support Tata Power at all stages of investment projects, including assisting the company's communications with federal and regional authorities, state-owned companies and the private sector, it said.

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