India is looking at an ambitious proposal by Russia for setting up a joint enrichment and reprocessing facility in their soil, which could help skirt the tough new NSG guidelines, but has not reached a conclusion yet, official sources said on Thursday.The sources said India will be looking at how the new concept will play out while noting that it will be part of continuing negotiations to expand its nuclear cooperation with Russia.The government assessment was given against the backdrop of Russian Ambassador Alexander Kadakin's remarks that Moscow is awaiting India's response.The sources said India was looking into the proposal but has not reached any conclusion yet.The sources at the same time noted that India possessed the technology relating to the full nuclear fuel cycle.The assessment came ahead of the 12th annual Indo-Russian Summit in Moscow to be attended by Prime Minister Manmohan Singh at Kremlin tomorrow.

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