News India Deal for phase 3-4 of Kudankulam nuke project almost finalised

Deal for phase 3-4 of Kudankulam nuke project almost finalised

New Delhi: India has almost finalised the deal with Russia for the phase 3 and 4 of Kudankulam nuclear power project in Tamil Nadu, Minister of State for Atomic Energy V Narayanasamy said today.“Negotiations with



He said signing of the nuclear cooperation agreement with the US has helped India in getting fuel for the reactors in “sufficient” quantity.

Noting that the cost of some of the countries selling nuclear reactors did not suit India, he said that was why hard bargaining was on and that takes time. He said talks with the US were on.

Emphasising that nuclear power was cheap; he said government sells power from Kalpakkam at 67 paise per unit and that from Tarapur at Rs 1.15.

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