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Despite slowing growth, China is on the move consolidating its position as a global economic power.
Officials dismissed concerns over technology firms having "backdoors" installed or losing intellectual property rights as unfounded.
ChinaGuangdong Nuclear Power Holding Corp., and Russia's Rosatom Corp have expressed interest in building the new South African plants.
Industrial profit fell 1.4% on year in November, narrowing from a 4.6% decline posted in October.
On Friday, Modi made an unexpected stop in Pakistan on his way to New Delhi from a visit to Afghanistan.
The Russian president called for an expansion of business freedom and protection of property.
Founding members include the BRICS, half of the European Union and all of the Asian bloc, ASEAN.
The EIB is a member of the official working group set up by the EU and China to boost bilateral investment.
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi held bilateral talks at the Kremlin on Thursday.
In Moscow on Thursday, Modi will hold talks with Putin and Russian Premier Dmitry Medvedev.
