India, Russia sign 3 contracts on Kudankulam
NEW DELHI: 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.