Russia offers big loan for N-plant
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04/05/1998
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Business Standard (New Delhi)
Russia has offered to provide a Rs 17,000 crore loan to set up the Kudunkulum nuclear power plant (KNPP) in Tamil Nadu. The line of credit is the maximum that the Russians have offered in any sector in India, including defence. The offer was extended last month in Mumbai, during the visit of a technical delegation from the Russian Atom Energy Export - a newly formed organisation to promote the sale of nuclear power plants.