
During Prime Minister Narendra Modi’s visit to Moscow in December 2015, India and Russia signed an agreement for the latter to construct 12 nuclear reactors at two sites in India, Kudankulam being one of them.
Following talks with Modi, Russian President Vladimir Putin had said in a statement: “We have agreed on India’s assigning another plot for the construction of Russian power units, where we intend to use the latest VVER-1200 reactors built with the application of the latest and safest technologies.”…….
The Russian said that with two fabrication plants and four enrichment units in the country, TVEL has the wherewithal to be a reliable fuel supplier globally.
“Today, our fuel assemblies are being supplied to 15 countries… and we undertake to supply end-to-end fuel,” he said.
Elaborating on this, he said: “When concluding separate contracts, customers have to search for suppliers of enriched uranium and fabrication and have to bear at least transactional costs.”
“We offer bundled supplies, which means we can be more flexible in commercial terms.”
The localisation of Russian-designed fabrication facilities in India is a priority for the company as per the commitments it has made, Grigoryev said.
“Given this, we have reached an agreement with our partners that we will build separate production facilities in India to later deepen localisation as we extend the VVER reactor fleet in India,” he said…….http://www.firstpost.com/india/russia-offers-india-latest-third-generation-reactors-for-post-kudankulam-nuclear-project-3799727.html
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