India started construction of the third unit of the Kudankulam nuclear power plant with the help of the Russian ASE company.
ASE Joint Stock Engineering Company is one of the world leaders in nuclear engineering and holds a 30 per cent stake in the international nuclear power plant construction market.
Pouring concrete into the foundation slab of the reactor building of Unit III of Kudankulam NP marked the start of construction on the site of the plant in Tamil Nadu on June 29, announced the Company in a statement.
"This moment marks the starting points of the construction period of the nuclear power plants defined in the contractual obligations," said Andrey Lebedev, vice president of nuclear projects in South Asia of the Russian company.
The Nuclear Society of India (NPCIL) is associated with the Russian firm to build the nuclear power plant, the country's largest nuclear power plant.
"We intend to continue to share our best practices with India in this important industry, which facilitates the energy security of this friendly country," said Valery Limarenko, president of 39 ; ESA.
"The construction of the Kudankulam nuclear power plant with our help is a flagship project."
On June 19, the Atomic Energy Regulatory Board authorized the NPCIL to pour the first concrete for the third and fourth unit of the plant.
The project should be completed in just over six years. The total cost of unit 3 and unit 4 – each with an ability to produce 1,000 megawatts – is 39,894 crore crore, reported NDTV.
At least 12 units of energy in India under the Russian design could be built before 2020, according to the release.