Kazakhstan, Astana, May 3 / Trend, D. Mukhtarov /
The First Wind Power Plant Ltd. (a 100-percent subsidiary of Samruk-Green Energy LLP and the Eurasian Development Bank signed an agreement in the capital of Kazakhstan on a credit line worth 14.2 billion tenge (151.28 tenge = 1 dollar) to finance the turnkey construction of the first large wind power plant (WPP) in Kazakhstan, according to a statement by the First Wind Power Plant Ltd.
According to the statement, the wind plant will be built at the Yereimentau site (Akmola region). Its capacity will total 45 megawatts.
"The project for the construction of the WPP is the first step towards the introduction of alternative energies, namely the use of wind energy, which will reduce emissions of greenhouse gases and produce 172 mn kilowatt/hours of electrical energy per year without fossil fuels. This will save more than 60 million tons of coal, as well as improve the reliability of the electricity supply in the region," the statement said.
According to the given information, the plant's construction will also allow for projected electricity demand to be met, taking into account population growth and quality of life increases, intensive residential and public construction, the development of social and cultural spheres as well as the creation of additional jobs in the process of construction and operation of the wind plant.
"In addition, as part of the upcoming exhibition "EXPO-2017", there are plans to provide power for exhibits through energy generated by the Yereimentau WPP", the report says.
Samruk-Green Energy LPP, a 100 percent subsidiary of Samruk-Energo JSC, was created on January 25, 2012. Its core function is based on the production of energy from renewable energy sources.
The First Wind Power Plant Ltd., a 100 percent subsidiary of Samruk-Green Energy LLP, was established on June 27, 2011. Its core function is the production of energy from renewable energy sources.