Four new units at India's Kudankulam nuclear power plant delayed by three years, cost overrun of 55% to $14.4 billion
The construction cost of four new units at the Kudankulam nuclear power plant being built by Russia's Rosatom in India has increased by 55% since 2024 due to delays. Each unit has a capacity of 1 gigawatt, and the updated total construction cost has reached 1.38 trillion Indian rupees (approximately $14.4 billion). Among them, the construction cost of Units 3 and 4 has increased by 73%, while the cost of Units 5 and 6 has risen by 40%. Russia had previously provided India with $4.2 billion in state credit for the construction of Units 3 and 4. Indian officials stated that the reasons for the delays include the impact of the COVID-19 pandemic, difficulties in the supply of specific materials and equipment, and problems faced by contractors. Despite...
2026-08-02
