nuclear-news

Russia keen to make big money selling nuclear to India

Russia is keen to cash in on its nuclear know-how and has ambitious plans to triple nuclear exports to $50 billion a year by 2030. 

Russia says near deal on two new Indian reactors Work on Russian-built reactors resumed after protests

* Russia hopes to sign deal for 2 more reactors soon

* India plans to build 30 reactors by 2032 By Alexei Anishchuk
VOLGINSKY, Russia, March 21 (Reuters) – Russia’s ability to restart long-delayed work at India’s Kudankulam nuclear plant has paved the way for a deal with Delhi to build two more atomic reactors in the near future, Russia’s nuclear chief said on Wednesday.

The first two reactors at the plant in the state of Tamil Nadu were
meant to be operational last year, but work by Russian engineers was
delayed after protesters blocked access to the site following Japan’s
nuclear catastrophe.

Work to launch the reactors restarted on Tuesday, however, after
Indian police arrested dozens of protesters….  Russia is keen to
cash in on its nuclear know-how and has ambitious plans to triple
nuclear exports to $50 billion a year by 2030. It possesses about 40
percent of the world’s uranium enrichment capacity, and exports some
$3 billion worth of fuel a year, offering discounts to clients who buy
its reactors….  
Kiriyenko hailed the Indian authorities’ decision
to press ahead despite domestic opposition to the project, …
Rosatom has argued that the nuclear disaster at Chernobyl more than 20
years ago helped it hone its safety technology….
http://www.reuters.com/article/2012/03/21/russia-india-nuclear-idUSL6E8EL5OC20120321

March 22, 2012 - Posted by Christina Macpherson | India, politics, Russia