Kudankulam delay costs pegged at Rs 2,653 crore

Last Updated: Tuesday, December 6, 2011 - 16:49

New Delhi: The delay in commissioning of two
nuclear power plants at Kudankulam has led to escalation in
cost to the tune of Rs 2,653 crore.



The approved completion cost of the Kudankulam Nuclear
Power project was Rs 13,171 crore, officials said.



"The completion cost is now expected to be Rs 15,824 crore
and the project is expected to be completed in 2012-13," they
added.



The delay has been attributed to various reasons including
delivery schedule of certain components from Russia and the
ongoing protests in Kudankulam against the nuclear power
plant.

The total expenditure on the project till September this
year has been Rs 14,122 crore.



As per the original plan, the first unit was to be
commissioned in December 2007, which was revised to mid-2010.



This was further revised to September 2011 when the
anti-nuclear protests broke out in Kudankulam.



The first Inter-Governmental Agreement for setting up two
1000 MW light water reactors was signed between India and the
erstwhile USSR in 1988.

A supplement to the agreement was signed with the Russian
Federation in 1998. The ground breaking for the Kudankulam
project took place in September 2001 and the first pour of
concrete took place in March 2002.



NPCIL and Russia`s Atomstroy Export formally inked a deal
for building two more civil nuclear reactors of 1,000 MW each
at Kudankulam last year.



A total of 12 Russian nuclear power reactors are expected
to come up in India of which six would be built between 2012
and 2017.



PTI



First Published: Tuesday, December 6, 2011 - 16:49

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