Energy Industry

24.02.2021

Two largest hydropower plants in Kazakhstan get prepared for sale

The two largest hydroelectric power plants in the East Kazakhstan region, Ust-Kamenogorsk and Shulbinsk, are being prepared for sale. As reported on the privatization.gosreestr.kz website, these objects were included in the comprehensive privatisation plan for 2021-2025. The auction is scheduled to take place on May 4, 2021.

At the moment,...

The two largest hydroelectric power plants in the East Kazakhstan region, Ust-Kamenogorsk and Shulbinsk, are being prepared for sale. As reported on the privatization.gosreestr.kz website, these objects were included in the comprehensive privatisation plan for 2021-2025. The auction is scheduled to take place on May 4, 2021.

At the moment,...

24.02.2021

Wind farm and hydro power combine under construction in Kazakhstan’s deep south

A wind farm and a hydro power plant will be put into operation in the southern Kazakh Zhambyl region this year, the regional press service reported. Overall, two renewable energy facilities are expected to launch in the coming years.   

Two wind facilities will be built in the Zhanatas and Karatau districts and...

A wind farm and a hydro power plant will be put into operation in the southern Kazakh Zhambyl region this year, the regional press service reported. Overall, two renewable energy facilities are expected to launch in the coming years.   

Two wind facilities will be built in the Zhanatas and Karatau districts and...

19.02.2021

Kazakhstan needs to decide on the construction of a nuclear power plant

The decision to build a nuclear power plant in Kazakhstan has not yet been made. Reactor technologies in the USA, South Korea, France, China and Russia are currently being studied. This is stated in the response by the Ministry of Energy, the Zakon.kz portal said, citing the response to its...

The decision to build a nuclear power plant in Kazakhstan has not yet been made. Reactor technologies in the USA, South Korea, France, China and Russia are currently being studied. This is stated in the response by the Ministry of Energy, the Zakon.kz portal said, citing the response to its...

18.02.2021

Southern comfort in Kazakhstan: Shymkent opens 20 MW solar power plant worth $15m

A new 20 MW capacity solar power plant, the third in Shymkent, has started operating in the Aikol residential area, the Kazakh Invest National Company press service reported.

The power plant covers the area of 50 hectares. The project, worth 6.2 billion tenge (US$14.7 million), has already attracted foreign investors. 

The city...

A new 20 MW capacity solar power plant, the third in Shymkent, has started operating in the Aikol residential area, the Kazakh Invest National Company press service reported.

The power plant covers the area of 50 hectares. The project, worth 6.2 billion tenge (US$14.7 million), has already attracted foreign investors. 

The city...

17.02.2021

Fitch Affirms KEGOC at BBB-, outlook stable

Fitch Ratings has affirmed Kazakhstan Electricity Grid Operating Company's (KEGOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-'. The Outlook is Stable. A full list of ratings actions is at the end of this commentary.

The affirmation reflects the continued application of a top-down minus one notch from the Republic of...

Fitch Ratings has affirmed Kazakhstan Electricity Grid Operating Company's (KEGOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-'. The Outlook is Stable. A full list of ratings actions is at the end of this commentary.

The affirmation reflects the continued application of a top-down minus one notch from the Republic of...


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