Delay in completion of NPCIL’s nuclear power project at Kudankulam in Tirunelveli district of Tamil Nadu, might lead to cost escalation.
The approved completion cost of the nuclear power project was Rs 13,171 crore. However, the completion cost is now expected to be Rs 15,824 crore and the project is expected to be completed in 2012-13. The delay has been caused due to various reasons including delivery schedule of certain components from Russia and the ongoing protests in Kudankulam against the nuclear power plant.
In 2010, NPCIL and Russia's Atomstroy Export formally signed a deal for building two more civil nuclear reactors of 1,000 MWe each at Kudankulam. A total of 12 Russian nuclear power reactors are expected to come up in India of which six will be built between 2012 and 2017.
Also see:
NPCIL to design switchyard for nuclear reactors at Kudankulam (9-August-11)
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