Post Tagged with: "CAG Report"

CAG Report on Kudankulam Reinforces Civil Society’s Concerns About Safety: EAS Sarma

CAG Report on Kudankulam Reinforces Civil Society’s Concerns About Safety: EAS Sarma

Koodankulam December 28, 2017 at 9:12 pm 0 comments

Dr. EAS Sarma | Comptroller & Auditor General’s report on performance of Kudankulam Units I & II submitted to the Parliament reinforces the concerns of the civil society about the safety of the units.

Full Document: Report of the CAG Audit on Deficiencies in Commissioning of Koodankulam Nuclear Power Plant

Full Document: Report of the CAG Audit on Deficiencies in Commissioning of Koodankulam Nuclear Power Plant

Documents, Featured December 27, 2017 at 11:43 pm 0 comments

The report of the Comptroller and Auditor General of India on Kudankulam Nuclear Power Project (KKNPP), Units I & II (38 of 2017) was laid in Parliament on 27 December 2017. This Report on KKNPP for the year ending March 2017 highlights a number of deficiencies in the execution and commissioning of Units I & II of KKNPP such as avoidable payment of interest on borrowings, non-transparency in availing loans, lapses in tariff fixation process, extending undue benefits to overseas collaborating partner, non assessment of required manpower with consequent avoidable expenditure, inadequate monitoring and start of commercial operation before getting the required licence to operate from the competent authority.

Press Release by CAG: Key Findings of its Audit Report on Deficiencies in Koodankulam Nuclear Plant

Press Release by CAG: Key Findings of its Audit Report on Deficiencies in Koodankulam Nuclear Plant

Documents December 27, 2017 at 11:35 pm 0 comments

The audit was conducted to assess whether Nuclear Power Corporation of India Limited (NPCIL) exercised prudent financial management in the construction/commissioning of Units I & II and implemented the project in an efficient manner.

Koodankulam: CAG Report Says Rs 706 Crore More Spent on Nuclear Plant by NPCIL

Koodankulam: CAG Report Says Rs 706 Crore More Spent on Nuclear Plant by NPCIL

Koodankulam December 27, 2017 at 11:29 pm 0 comments

An audit by Comptroller and Auditor General(CAG) found that NPCIL incurred expenditure of Rs 1,012.37 crore towards erection and commissioning of Nuclear Steam Supply System and Turbo Generator, as against the Rs 305.50 crore previously estimated.