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Russia could sign deal in Nov. to build 4 power units in India

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NEW DELHI, October 30 (RIA Novosti) - Russia expects to sign an agreement with India to build another four power units for the Kudankulam nuclear power plant in November, Russia's acting security council secretary said on Tuesday.

"The issue is currently being considered, and I hope the agreement to build another four power units will be signed" during Indian Prime Minister Manmohan Singh's visit to Moscow scheduled for November 11-12, Valentin Sobolev told journalists.

"This is necessary for India and is useful for us. The construction of four power units means at least 10 years work," Sobolev said, adding that Russia would supply fuel for the units on condition of subsequent return of spent nuclear fuel.

Atomstroyexport, Russia's nuclear power equipment and service export monopoly, has been building the Kudankulam plant in the southern province of Tamil Nadu since 2002 in line with a 1988 agreement between India and the Soviet Union and an addendum signed ten years later. The plant is designed to have a capacity of 2,000 MW.

Russia granted India a loan on beneficial terms to build the NPP.

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