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India, Russia ink pact to build two nuclear reactors in Tamil Nadu

India, Russia ink pact to build two nuclear reactors in Tamil Nadu

India and Russia have been signed an agreement paving the way for building the third and fourth reactors at the Kudankulam Nuclear Power Plant in Tamil Nadu, besides finalizing a vision document for long-term cooperation in the atomic energy sector.  The pact was signed between Nuclear Power Corporation of India Limited (NPCIL) and Russia's Atomstroyexport after Summit talks between Prime Minister Narendra Modi and Russian President Vladimir Putin. 

Focus:-

  • The accord will operationlise the General Framework Agreement (GFA) signed in April this year between the two sides for the construction of units 3 and 4 at Kudankulam. 
  • The cost of the two units is likely to be around Rs 40,000 crore and they will generate a total of 2,000 MWs of power. 
  • A separate agreement was also signed between (NPCIL) and Atomstroy export for unit 3 and 4 of Kudankulam Nuclear Power Plant for the supply of some major equipment by the Russian company.
  •  The first unit of the Kudankulam Nuclear Power Plant is on stream. It has added 20 per cent to the existing capacity for nuclear power in India. We are on course for installing the next three units of 1000 MW each.
  • In the nuclear sector, both the countries also came out with a 'Strategic Vision for Strengthening Cooperation in Peaceful Uses of Atomic Energy' under which Russia will build at least 12 reactors in India by 2035.

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