nuclear-news

Russia to make $squillions out of its nuclear sales to India

India-Russia nuclear ambitions and mounting tensions in Sri Lanka,
Daily Mirror, by Dulip Jayawardena, 08 JANUARY 2013 
KUNDANKULAM NUCLEAR POWER PLANT “……. the Russian President
Vladimir Putin paid a stand –alone visit to India on December 25 ,2012
for 15 hours to sign an agreement to collaborate to construct  another
16 to 18 nuclear energy plants in India of 1000 MW each. At present
prices the total cost of these plants is a staggering US $ 45 billion!

KKNPP Units 1 and 2 cost India US $ 1 billion each. It is also noted
that for the planned third and fourth units, the Russians have already
conveyed to the Indians that the prices would double as an outcome to
the Indian Government invoking a new nuclear liability regime.
Accordingly, the proposed “16 to 18”nuclear power plants would cost
about US $ 2.5 billion each and hence the figure of US $ 45 billion.
The nuclear roadmap
It is not clear whether the proposed roadmap is for 2020 or 2025 or
2030? However, it is most likely that the roadmap will target the 2030
as the deadline.
This would mean one new joint Indo-Russian nuclear plant every year
for the next 18 years apart from the KKNPP Units 3 and 4.
From the  Russian point of view this development is very encouraging
and it means the  KKNPP  protests locally , nationally  and
internationally,  are no longer a deterrent to the Indo –Russian
relations and the two sides  have decided to embark on a more
meaningful , productive and ambitious partnership  in the decades to
come. To this end initially, KKNPP units 3 and 4 will be a showcase
for such a partnership.

Joint statement
The statement gives a strong indication of how India and the Russian
Federation   would deepen and intensify cooperation in the nuclear
energy sector…..

January 8, 2013 - Posted by Christina Macpherson | India, politics international, Russia