Rosatom aims to be among top three nuclear players

Russian nuclear power corporation Rosatom aims to be one of the top global three players in the sector, said a senior official here, adding that the West's sanctions on Russia have not affected it.

"We want to be in the top three in all the nuclear power related fields of activity," Krill Komorav, deputy director, international business, said.

He was speaking at a session on financing of foreign projects of Rosatom at the 7th International Forum Atomexpo 2015 that began here on Sunday.

Rosatom's order book consists of overseas nuclear projects worth around $101 billion and is constructing 29 plants overseas.

In India, Rosatom is building two 1,000 MW nuclear power plants at Kudankulam in Tamil Nadu and two more will be set up.

According to Komorav, the business has rebounded and Rosatom is not just involved in building nuclear power plants but also in supply of fuel and other chain of activities.

Officials said the sanctions imposed by the Western nations last year on Russia have not impacted its operations.

"None of our contracts have been affected because of the sanctions. Rosatom have not violated any of its contracts because of sanctions including the one with Ukraine," said Nikolay Soloman, the chief financial officer.

According to him, Rosatom is keen on completing its contractual obligations.

The Atomexpo 2015 is a conference-cum-exhibition of the nuclear industry. The main topic of the current year's event is: "Nuclear Power as an Impulse for Socio-Economic Development".

The goal of the forum is to promote international cooperation between the Russian Federation and the countries of Latin America, Pacific Asia, Africa, Central and Eastern Europe in the field of nuclear power, and to discuss Russia's proposal on developing national energy programmes.