NEW DELHI: India and Russia are working on a deal worth Rs 10,500 crore for the supply of nuclear fuel and core components to Kudankulam nuclear power plant’s two new units coming up with Moscow’s help, people in the know said.
The deal envisages Russian nuclear fuel company TVEL JSC supplying to the dept of atomic energy the initial loads and subsequent five reloads for units 3 and 4 of the Kudankulam N-power project along with control rods and fuel assembly inspection tool set from 2025 to 2033.
The people cited above said New Delhi is also looking at the possibility of forming a joint venture with Rosatom, the state-run parent of TVEL, for manufacturing the nuclear fuel for the plant in India – which will be a boost for India’s nuclear capability.
The Kudankulam nuclear power project is located 650 km south of Chennai, in the Tirunelveli district of Tamil Nadu. It is based on the Russian pressurised heavy water reactor technology, and will be the largest nuclear power project in the country with a capacity of 6,000 MW once all six units are completed. Currently, two units with a cumulative capacity of 2 GW are operational.
India currently has nuclear power capacity of 7 GW (gigawatts) and plans to nearly double it to 13 GW by 2029 as part of clean energy transition plans. India and Russia last year signed an agreement on the construction of the last two units of the Kundankulam project.
TVEL provides nuclear fuel to 76 energy reactors in Russia and 14 countries of Europe and Asia, helping these installations to produce more than 400 billion units of electricity annually. The company includes enterprises specialised in the fabrication of nuclear fuel, uranium conversion and enrichment and production of gas centrifuges.
The deal envisages Russian nuclear fuel company TVEL JSC supplying to the dept of atomic energy the initial loads and subsequent five reloads for units 3 and 4 of the Kudankulam N-power project along with control rods and fuel assembly inspection tool set from 2025 to 2033.
The people cited above said New Delhi is also looking at the possibility of forming a joint venture with Rosatom, the state-run parent of TVEL, for manufacturing the nuclear fuel for the plant in India – which will be a boost for India’s nuclear capability.
The Kudankulam nuclear power project is located 650 km south of Chennai, in the Tirunelveli district of Tamil Nadu. It is based on the Russian pressurised heavy water reactor technology, and will be the largest nuclear power project in the country with a capacity of 6,000 MW once all six units are completed. Currently, two units with a cumulative capacity of 2 GW are operational.
India currently has nuclear power capacity of 7 GW (gigawatts) and plans to nearly double it to 13 GW by 2029 as part of clean energy transition plans. India and Russia last year signed an agreement on the construction of the last two units of the Kundankulam project.
TVEL provides nuclear fuel to 76 energy reactors in Russia and 14 countries of Europe and Asia, helping these installations to produce more than 400 billion units of electricity annually. The company includes enterprises specialised in the fabrication of nuclear fuel, uranium conversion and enrichment and production of gas centrifuges.