India’s commitment to construct at least 12 nuclear power plants, having highest safety standards in the world, with Russian assistance is important for country’s energy security. The two sides have outlined an ambitious vision for nuclear energy and construction of at least 12 reactors by Russia’s state-owned Rosatom at a cost of $3 billion a piece.
Ahead of the visit, Minister of State for Prime Minister’s Office (PMO),
Jitendra Singh told the Lok Sabha that nuclear cooperation with Russia would be prominent on Modi’s agenda when he visits Moscow.
Recently, Rosatom deputy CEO Nikolai Spassky had come to India and held talks with the head of the department of atomic energy and chairman of the atomic energy commission.
According to sources, they had discussed the final commissioning of Kudankulam Unit 1, reaching the ‘minimum controllable power level’ (a power level sufficient to sustain and control the chain reaction) by the Unit 2 reactor, start of construction at Units 3 and 4, a framework agreement for Units 5 and 6, and further development of cooperation between the two countries.
The Kudankulam NPP in is being built in accordance with the bilateral agreement signed on November 20, 1988. In 2002, NIAEP – ASE began to build the first two power units with VVER-1000 type reactors and the total capacity of 2,000 MW. The road map for cooperation in nuclear power between Russia and India provides for construction of 15 power units in India, including eight power units which can be built on the Kudankulam site.
Industry experts such as, Leonid Gusev, expert of the Analytical Center of the Moscow State Institute of International Relations say: “One of the main outcomes of this year for Russian nuclear industry is, in my opinion, the fact that the high competitiveness of the Russian nuclear technologies can support many sectors of the Russian and foreign industry.”
“It is worth noting that not only the nuclear industry enterprises are involved in the execution of the Rosatom’s foreign orders. Not so long ago, for example, a package of contracts on equipment supply worth RUB 122 billion was signed with Power Machines, including supply for Kudankulam NPP in India and Bushehr NPP in Iran. This is the real contribution of the high-tech Russian nuclear industry in international economy and industry, which is especially valuable today given the increasing need for secure and cheap energy”.