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
Asked whether the liability clause of the nuclear liability law was the hitch, they said, “Yes, it is under discussion. It includes all that. That is why lawyers have to sign it.”
“When it is done we will tell you. Till it is not done we can't tell you,” they said.
Prime Minister Singh had told the Russian media ahead of his two-day visit to Moscow that “Indian and Russian companies have been holding negotiations on finalising arrangements for Kudankulam Units 3 and 4 and I am confident that these contracts would be finalised shortly.”
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