Russia delays TN projects

After the US and France, Russia has expressed concern over some clauses of the nuclear liability law, leading to delay in finalising contracts for building two more atomic power plants at Kudankulam in Tamil Nadu.
Russia’s global nuclear project company Atomstroyexport, which is building two 1000 MW reactors in Kudankulam, said the “complex issues” need to be addressed before firming up contracts for setting up two more atomic power plants.
“This is a very complicated issue. It is not an easy issue from the point of view of its reflection in the contractual document,” said Georgy O. Kumani, vice-president of Atomstroyexport, a subsidiary of Rosatom, the state-run nuclear corporation.
He was responding to a question on whether his company has any apprehensions about the civil liability for nuclear damage law passed by Parliament earlier in 2010.
However, Mr Kumani was hopeful of a resolution to the contentious “issues” as both the countries have enjoyed deep cooperation for years. “We hope it will be resolved. We need to have resolution of the issue soon. We have to find a solution,” he said, refusing to elaborate on the issue.
He also refused to answer a question on whether cost of the reactors will increase if the liability component was factored in.

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