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Deal on 2 new reactors in Kudankulam unlikely during PM's tour

Moscow:  Legal hitches appear to have cropped up in the plans to set up two new reactors in the Kudankulam Nuclear Power Project (KNPP) and a commercial agreement on it is unlikely to be signed

PTI PTI Updated on: October 20, 2013 18:08 IST


“It (deal) is very close. We have settled most of the issues except one. It is now with the lawyers. The lawyers of both sides have to clear it. So we are waiting for them to actually tell us,” the sources said.

Asked whether the two governments have agreed on the deal on Units 3 and 4, the sources said: “It is very close. Everything else is cleaned up. It is just the lawyers legal vetting. It is the last stage. We have agreed on the terms and we have agreed on all that.”

The sources said the two countries have agreed on all terms except on one.

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