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Deal for phase 3-4 of Kudankulam nuke project almost finalised

New Delhi: India has almost finalised the deal with Russia for the phase 3 and 4 of Kudankulam nuclear power project in Tamil Nadu, Minister of State for Atomic Energy V Narayanasamy said today.“Negotiations with
PTI January 15, 2014 22:14 IST
PTI
New Delhi: India has almost finalised the deal with Russia for the phase 3 and 4 of Kudankulam nuclear power project in Tamil Nadu, Minister of State for Atomic Energy V Narayanasamy said today.

“Negotiations with Russian government have almost crystallised,” he told reporters at the AICC headquarters indicating that the agreement could be signed soon.

The proposed reactors at Kudankulam will generate 1000 MW electricity each.

Land acquisition for the Jaitapur nuclear power project has been completed and the issue of “little more” compensation has been resolved and now construction will start, he said, adding that negotiations were on with France's Areva for the equipment.

Replying to questions, he agreed with a questioner that the nuclear liability law passed by Parliament was becoming a “liability” while negotiating with different countries for reactors.

“As regards buying equipment, we explain to them. Some agree, some do not. We will have to go by the law. We have to respect it. We are convincing them. It will take time .... We will succeed,” he said.