Nuclear co-operation between India and Russia will receive further boost as the formal beginning of civil works for the third and fourth units of the Kudankulam Nuclear Power Project will occur on Saturday. Sources from government told that both countries have finalized the basic framework for fifth and sixth units of the project. Both leaders will also dedicate the second unit of the Kudankulam Nuclear Power Project to India.
The formal announcement of the pact and the credit protocol is likely to be made after bilateral talks between Prime Minister Narendra Modi and Russian President Vladimir Putin in Goa on the sidelines of BRICS Summit.
The formal announcement of the pact and the credit protocol is likely to be made after bilateral talks between Prime Minister Narendra Modi and Russian President Vladimir Putin in Goa on the sidelines of BRICS Summit.
Sources said that Russian President Vladimir Putin and Indian Prime Minister Modi will formally lay the foundation stone for the third and fourth units of the project. The leaders will join the project site through video conferencing between 13.10 pm — 13.15 pm (Indian Standard Time) from Goa’s Taj Exotica. Work on the third and fourth units is expected to be completed by year 2022. The third and fourth units will be based on the VVER-Toi design.
The Kudankulam 1 has been jointly built by the Nuclear Power Corporation of India and Russia’s Rosatom and it had started generating electricity in 2013. The agreement for the project was inked by former Prime Minister Rajiv Gandhi and then Soviet Union President Mikhail Gorbachev in 1988 but actual work on the ground started only in 1997.
The unit 1 and 2 of Kudankulam plant were built at a cost of Rs 20,962 crore. A major share of power generated in the plant goes to Tamil Nadu, followed by Karnataka, Kerala and Puducherry. Each of the units has a capacity to generate 1,000 MW of power.
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