Power News We love to talk!
To take forward the work on unit 3 of Kudankulam Nuclear Power Plant (KKNPP), India has signed a contract with a Russian firm to produce critical reactor equipment.
The contract was signed between OJSC, a subsidiary company of Rosatam - counterpart of India's Department of Atomic Energy - and Nuclear Power Corporation of India (NPCIL) at its Izhorskiye Zavody facility at Izhora yesterday.
In a statement, Rosatom said the contract was not the first collaboration with NPCIL, and OJSC, in the past, had supplied primary circuit equipment for KKNPP's first two units.
"The major reactor equipment will be supplied in 2018. Production cycle of a reactor vessel body is 3 years," Rosatom said. It however, refused to divulge information on the agreement cost.
The first phase of work on construction of units 3 and 4 is scheduled to start early next year, Rosatom said. The total cost of unit 3 and 4 is around Rs 39,747 crore.
KKNPP is being built within the frameworks of bilateral agreement signed on November 20, 1988, and on the basis of its supplement signed on June 21, 1998. Rosatom said it plans to construct four units at the same site. The KKNPP currently has one operational reactor unit 1 of 1,000 MW. Another unit of 1,000 MW is expected to get operational in this financial year.
- Coal plant developer RattanIndia Power switches to solar for site in Punjab Read more
- ONGC gets gas price guarantee from Gujarat, set to pave way for conclusion of GSPC deal Read more
- CIL to seek shareholders' nod to extend CMD's tenure till 2017 Read more
- Decks cleared for 4000 MW Bihar Mega Power Limited's Banka Thermal Power Plant Read more
- ABB bags Rs 141 crore order from Power Grid Read more
- ONGC's stake buy in GSPC: Some call it a rescue act, others a sweet deal Read more
- Tata Power arm buys wind farm in State Read more
- Japan ready to finance Indias coal-fuelled projects Read more
- Nuclear energy turns saffron Read more
- India does not need more coal-based capacity addition till 2022: Central Electricity Authority Read more