Financial Daily from THE HINDU group of publications
Tuesday, Jan 24, 2006


Group Sites

Industry & Economy - Power
Government - Foreign Relations

Russia keen to supply nuclear plants to India

M. Ramesh

Kalpakkam , Jan. 23

RUSSIAN companies are not only keen on supplying more nuclear power plants to India, but are also "confident" of being allowed to do so in course of time, Mr S. K. Jain, Chairman and Managing Director, Nuclear Power Corporation of India Ltd, told newspersons here.

Russia, being a part of the `nuclear suppliers' group,' is constrained by international agreements to supply equipment and fuel for nuclear power plants. (The two 1,000-megawatt power plants that are being put up at Kudankulam in Tamil Nadu with Russian technology are only a fulfilment of an agreement with India that predates Russia's international commitments.)

Now, the question is whether the next set of power plants would be supplied to India. The question assumes more importance now, because the US government is insisting on linking supplies of uranium to India putting the existing Fast Breeder Test Reactor and the Prototype Fast Breeder Reactor (under construction) under international safeguards, which means subjecting the plants to international monitoring.

India's stand has been that it would put all the power plants built with foreign technology or fuels under international safeguards, but not those indigenously built and operated with domestic fuel. Putting indigenous plants under the safeguards would, in effect, mean following the provisions of the Nuclear Non-Proliferation Treaty (NPT), which India considers discriminatory and unjust.

At the press conference, Mr Jain said that "at the company level," Russians are confident of further co-operation with India. They have even begun to do the groundwork for supplying to India in anticipation of clearances, he said.

Mr Jain said that India wants to be a significant player in the energy sector. He said that NPCIL wishes to eventually see the Kudankulam site develop into a 10,000-MW complex.

India has seven nuclear plants under construction right now for 3,420-MW capacity, including the two at Kudankulam. Mr Jain said that 540-MW Tarapore-3 unit would be operational in a month.

More Stories on : Power | Foreign Relations

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Kerala Chamber to host Gulf investors meet in March

Power reforms to be thrust area: PM
Inflation outlook uncertain on rising oil prices: RBI
Opening eyes and mindsets
Special pharmacy for HIV infected in Pune
RITES to prepare blueprint for rail, road infrastructure for Paradip port
`Oil boom in the Gulf will throw up $1 tr surplus capital'
IOC's Paradip-Haldia pipeline commissioning may be delayed
Visakha box terminal throughput reaches 1,00,000 TEUs
ONGC set to start deepwater projects in K-G basin by June
Russia keen to supply nuclear plants to India
US-India tax practitioners seek alternate dispute resolution
TN Govt urged to revoke ban on toddy tapping
TN Govt committed to taking over cable TV MSOs: Jayalalithaa
Dr Fixit Institute, US body tie up
`Realtors may have to focus on non-metros'
Architectural outsourcing - drawing a new design
Easier textile gear import norms likely
`Power, roads good investment sectors for Japan in India'
Amex's security product targets frequent travellers
2-day ICAI seminar in Mangalore from Jan 27
`Efficiency in usage, R&D vital for energy independence'
DST ties up with UNDP for entrepreneurial development scheme
Hotel, travel, tourism sectors — Govt plugs loophole in car imports under EPCG scheme
FICCI calls for fast-track dispute resolution mechanism
Exporters to meet PM on grievances
Kerala Tourism's new `monsoon campaign'
New chief for ICSI Hyderabad chapter

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line