The General Framework Agreement for setting up Units 5 and 6 of the Kudankulam nuclear power plant is likely to be signed by November 2016, according to a top Russian official.
Sergei Kiriyenko, head of Russian State Corporation for Atomic Energy Rosatom, told journalists in Moscow: "The work is in progress. We can sign it this year in autumn."
Autumn refers to the time period between September to November.
The Kudankulam Nuclear Power Plant has been jointly built by India and Russia in Tamil Nadu.
The first unit started working on July 13, 2013. The second unit went critical on July 10 this year.
The work on the third and fourth reactors has also started at the site, which will have a total of six units of 1,000 MW each.
In an interview to IANS earlier this year Vladimir Angelov, Director for Projects in India for ASE, the Engineering and Construction Division of Rosatom, had said that in November 2015 the Russian party submitted the technical-commercial offer to India for Units 5 and 6.
According to Angelov, Kudankulam NPP is the world's first nuclear power plant which has implemented and successfully operated the increased security measures post-Fukushima.
"KNPP has been equipped with enhanced safety features. The reactors of the Kudankulam plant are protected from the impact of earthquake, tsunami, tornado and hurricanes", he said.
--IANS
ao/rn/bg
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
