NPCIL Spent Rs 706 Crore More On KNPP Component, CAG Finds


NPCIL Spent Rs 706 Crore More On KNPP Component, CAG Finds

Nuclear PowerCorporation of India Ltd., which had agreed to build a major component of the Russian-make Kudankulam Nuclear Power Plant on its own to save cost, ended up spending Rs 706 crore more, a CAG report has said.

The Comptroller and Auditor General report on KNPPunits 1 and 2 was tabled in the Lok Sabha today.

According to the report, the cost of Russian scope in building the plant was nearly USD 1,600 million during initial negotiations between the NPCIL and Russia’s Atomstroyexport.

The Russian side made an offer that the cost may decrease if the NPCIL takes up the work of erection and commissioning of Nuclear Steam Supply System (NSSS) and Turbo Generator (TG).

The NSSS and TG form the core of a nuclear power plant. Read More…

Leave a Reply

Your email address will not be published.