India, Russia Sign 3 Contracts On Kudankulam

India, Russia Sign 3 Contracts On Kudankulam

India and Russia have signed three contracts for constructing Units 5 and 6 for the Kudankulam Nuclear Power Plant (NPP). These contracts were signed between ASE Group of Companies (a part of ROSATOM State Atomic Energy Corporation) and the Nuclear Power Corporation of India (NPCIL) on Monday.

The contracts are for supply of the equipment with long manufacturing cycle, for the first priority design works and for supply of the working documentation.
“The project of construction of Units 5 & 6 of Kudankulam NPP is entering into the stage of implementation. Designing, development of procurement procedures of main equipment from Russia begin to complete Units 5 and 6 of the Kudankulam nuclear power plant”, said Andrey Lebedev, Vice-President for Projects (South Asia), ASE.

On June 1, 2017, in Saint-Petersburg, in the course of the XVIII Annual Russian-Indian Summit, ASE Group of Companies and NPCIL signed the General Framework Agreement for construction of the Kudankulam NPP third stage. The intergovernmental credit protocol was also signed under which Russia has extended a credit for the delivery of equipment and documentation for the construction of the NPP third stage. The agreement envisages the construction of Kudankulam NPP power units 5 and 6 under Russian design.

On July 13 an approval for three key contracts was obtained from the Rosatom State Corporation, the RF Ministry of Economic Development and the Ministry of Finance. Thereafter on July 19 the NPCIL Board of Directors approved signing of the three contracts on Units 5&6 of Kudankulam NPP.

Kudankulam NPP is constructed as per Atomenergoproekt JSC design with VVER-1000 MW power units.

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