(Times of India, New Delhi, 17 July 2012) Russia has agreed to extend a USD 3.4 billion export credit for setting up of two more 1,000 MW atomic power plants at the same site in Tamil Nadu. The two nations signed a protocol on Tuesday in Moscow for financing units 3 and 4 of the Kudankulam Power Project under which the Russian Federation will extend export credit for 85 per cent of the value of works, supplies and services provided by the Russian organisations for the two units.
