Friday, April 7, 2017

Russian warranty for Unit 1 of KKNPP gets over


Chennai:

The warranty period of Unit One of Koodankulam Nuclear Power Plant (KKNPP) has got over with India taking over the operation of the power plant, according to a official of ASE Group of companies, a subsidiary of Russian State Energy Atomic Corporation (ROSATOM).

The commercial operation and the warranty period of Unit 1 of KKNPP started in December, 2014.

Andrei Lebedev, Vice President of ASE for projects in South Asia said that representatives of ASE Group of Companies and Nuclear Power Corporation of India (NPCIL) signed a Joint Statement on final takeover of Unit 1 of the Kudankulam Nuclear Power Plant (KKNPP) on Wednesday.

By signing the document, the Russian and Indian sides confirmed fulfillment of all warranty terms and obligations of the contractor (ASE Group of Companies) for the construction of the Unit 1.

“The warranty period run showed reliable and safe operation of Unit 1. Thus, Indian side confirms that ASE Group of Companies, which is general contractor, has fulfilled all its tasks in full and accurately,” he said.

“From now on operation of unit 1 is totally within the responsibility of the Indian side", he added.

This comes in the wake of ASE Engineering Company and NPCIL signing the Act of Preliminary Acceptance of Unit 2 of the KKNPP, which allows the unit to begin its one-year period of warranty operation from March 30.

“As of now, the Unit 2 of the KNPP in India is under the warranty of its general designer and the suppliers of equipment from Russia, which are represented by ASE Engineering Company. This means that, in case of any malfunctions or technical failures related to the obligations of ASE at the Unit 2 of KKNPP, the inconsistencies in the operation of the equipment will be taken care of by the Russian side,” said Lebedev.

“This period of responsibility will last until March 30, 2018, after which the Statement on the final acceptance of Unit 2 by the operating entity in India will be signed,” he added.

Reacting to the expiry of Russian warranty for Unit 1, anti-nuclear activist S P Udaykumar said that the entire project is a liability for India. “The Unit 1 of KKNPP project was shut down for 35 times when compared to any new nuclear plant which shuts down once or twice. The biggest issue about Unit I is that it does not have liability clause. It is complete waste of public money and dangerous experiment on public. It is a White Elephant,” he alleged.

He also demanded that government conduct an inquiry over alleged misappropriation of funds pertaining to the project.

When Express tried to contact officials of Nuclear Power Corporation of India, they refused to comment

writingonblog uncensored: ED targets corrupt officials in Madurai, Chennai

writingonblog uncensored: ED targets corrupt officials in Madurai, Chennai: CHENNAI: Enforcement Directorate carried out searches  in Madurai and Chennai  against bureaucrats  and bank  officials  involved in  cor...

ED targets corrupt officials in Madurai, Chennai

CHENNAI:
Enforcement Directorate carried out searches in Madurai and Chennai against bureaucrats and bank officials involved in corruption and money laundering.

This was part of nationwide searches under the Prevention of Money Laundering Act targeting government officials including those working in Central public sector units and state government. Searches have been conducted at 18 premises across 10 states in India.

In Tamil Nadu, the searches were carried out in three places in Chennai and one in Madurai, said Enforcement Directorate Joint Director K S VV Prasad.

He said that these are stand alone cases and doesn’t pertain to anything specific. 

Enforcement Directorate conducted searches in Madurai against bank officials who had allegedly sanctioned loans for extended credit facilities to private parties without obtaining proper documents or collateral securities and without following norms thus causing financial loss to the banks. 

Similarly, searches were carried out against certain officials of Employees Provident Fund Office (EPFO) in Chennai. One of these officers was allegedly involved in financial irregularities and had transferred EPFO funds to the tune of around Rs 2 crore to the accounts of his relatives and family members while the other officer had been caught while accepting bribe from one private institute for extending undue favours.