India seals nuclear deal with Australia

The announcement was made after a meeting of Prime Minister Narendra Modi and his Australian counterpart Malcolm Turnbull here on the sidelines of the G20 Summit.

MEA spokesperson Vikas Swarup tweeted, "With the completion of procedures, including the adminsitrative arrangements, the India-Australia civil nuclear agreement will enter into force".

India's existing installed nuclear power capacity from 21 reactors is 5,780 megawatts, which the government plans to increase to 10,080MW by early 2019.

"The PM thanked the Australian PM and said the nuclear agreement is a milestone and a source of trust and confidence".

Robb, buoyed by the reassurances he has received during his visits to India throughout the year, said Australia was on track to finalise the Free Trade Agreement by year end. Two years later Gillard's successor, Tony Abbott, signed a memorandum of understanding for "Cooperation in the Peaceful Uses of Nuclear Energy" whereby Australia would become a long-term supplier of uranium to India.

Although India is not signatory to the Nuclear Non-proliferation Treaty (NPT), the two countries began discussing a civil nuclear deal in 2012 when Australia lifted its embargo on uranium sales.

At the moment, Australia is believed to own the biggest reservation of uranium that was recoverable.

Washington, meanwhile, has just concluded talks on a mammoth free trade agreement with Australia and other partners on both sides of the Pacific, including Canada, Mexico, Japan, New Zealand and Vietnam. If new mines, which it intends open to, its creation may rise, also it might end up being the very best company in several years. It now has nuclear energy agreements with 11 countries and imports uranium from France, Russian Federation and Kazakhstan.

"He's said to me at the outset... what he wants from Australia is access to our expertise to help India realise its full potential", Mr Robb told reporters in Manila on Sunday night. The country plans to increase its nuclear capacity to 63,000 MW by 2032, by adding close to 30 reactors at a cost of $85 billion, Hindustan Times reported.