The Nuclear Power Corporation of India (NPCIl) and Russian ASE Group of Companies (a part of ROSATOM State Atomic Energy Corporation) have signed three main contracts for Units 5 and 6 of the Kudankulam nuclear power plant.
The contracts, signed on Monday, are for the supply of main equipment for Stage III (Units 5,6) with long manufacturing cycle, priority design works and supply of the working documentation.
"The project of construction of Units 5 and 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 of Projects in South Asia, ASE Group of Companies.
The contracts come two months after India and Russia signed the framework agreement for construction of Unit 5 and 6 of Kudankulam nuclear power plant in Tamil Nadu. An inter-Governmental 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. On July 13.2017 an approval for these three key contracts was obtained from the Rosatom State Corporation, the RF Ministry of Economic Development and the Ministry of Finance while on July 19, 2017, the NPCIl Board of Directors approved signing of the three contracts on Units 5,6 of Kudankulam NPP.