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India, Russia intent on long-term fruitful cooperation in nuclear industry

30.08.2016
The second power-generating unit of the Kudankulam nuclear power plant, which is being built with assistance of the ASE Group of Companies and which became part of the Indian power grid on 29 August, will reach its full output capacity in 5-6 months. As a result, India will add 1000MW to its power output capacity. The total output of the first stage of the Kudankulam nuclear power plant will be 2000MW.

Ivan Andriyevsky, Chairman of the Board of Directors of the 2K Engineering Company, told media that thanks to Russian nuclear industry companies, which are about to complete the first stage of the Indian nuclear power plant, India will increase its power output capacity by 40%, BelTA has learned. It represents a huge reserve for the industrial development of the country. Since the Indian economy is one of the world’s most rapidly developing economies, raising the power output capacity is a top priority for the state. It is important to commission the additional facilities on time to avoid deficit and the slowdown of the economy’s development.

The first stage of the Kudankulam nuclear power plant is virtually complete. It will contribute to the stable operation of the power grid in India’s south, which sometimes experiences a lack of power. Rosatom is getting ready to build the second stage of the nuclear power plant — Russian specialists will build two more power-generating units. The construction process is supposed to officially begin in April 2017, however, orders for some of the equipment have already been placed. The Kudankulam nuclear power plant is expected to double its output capacity by 2023.

It is obvious that Russian nuclear engineering companies, which the Indian government has entrusted with developing its nuclear program, fully justify the expectations, stated Ivan Andriyevsky. The current Indian-Russian agreement provides for building 12 reactors together. The reactors will be built by Russian Rosatom. However, the agreement also provides for expanding cooperation — Rosatom may be invited to build 25 reactors in India. Judging by these plans, the sides are intent on long-term fruitful cooperation.