‘Nuclear power and renewables are not competitive’

Rosatom, Russia’s state-owned atomic energy corporation that developes the Kudankulam nuclear power plant (KNPP) in Tamil Nadu, last month started the construction of the second stage of KNPP. Units 3 and 4, each of 1,000 MW capacity, are expected to be completed by 2022 and 2023, respectively. The first two units are fully operational, while the contract for another two units, comprising the third and final stage of the project, are being negotiated. In an interview with BusinessLine, Alexey Pimenov, CEO, Rosatom – South Asia, says Rosatom sees India as a potential market not only for conventional nuclear projects, but for renewable-powered innovations providing energy to remote, inaccessible regions of the country.

What is the roadmap for Units 5 and 6 of Kudankulam project after the general framework agreement and inter-governmental credit protocol were signed in June? What would be the total capacity of Kudankulam once all six units are operational?

The total power generation from six reactors of KNPP will be 6,000 MW. These documents signed in St. Petersburg are necessary for starting the construction of the third stage and specify the obligations of the parties, the cost and other important conditions of co-operation, and the next stage will be signing a contract which is being negotiated now.

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