New Delhi, February 6, 2014 : To meet the surging demand for electricity,India announced that a deal with Russia involving the new unit of nuclear power plant in Kudankulam, Tamil Nadu, is close to finalization.
The Central Ministry informed the media:"For Kudankulam three and four, with a thousand megawatts capacity each, the negotiations are going on with the Russian Government, and both countries are formalizing all aspects of the deal.
The first two reactors of the Russian-built Kudankulam plant will provide two gigawatts of electricity-enough to power millions of Indian homes and alleviate a power crisis in Tamil Nadu. The government also plans more nuclear plants.
The government's Atomic Energy Regulatory Board in August 2012 gave clearance for fuel to be loaded into one of the Kudankulam plant's two reactors. The country is on track to build 30 reactors by the year 2030.