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Kazakhstan to start construction of large thermal power plant in 2013

Oil&Gas Materials 1 November 2011 18:19 (UTC +04:00)
Full-scale work on Balkhash thermal power plant construction in the Karaganda region of Kazakhstan will begin in 2013-2014, Kazakh Deputy Minister of Industry and New Technologies Bakhytzhan Dzhaksaliev said
Kazakhstan to start construction of large thermal power plant in 2013

Azerbaijan, Baku, Nov.1 / Trend E. Kosolapova/

Full-scale work on Balkhash thermal power plant construction in the Karaganda region of Kazakhstan will begin in 2013-2014, Kazakh Deputy Minister of Industry and New Technologies Bakhytzhan Dzhaksaliev said, Novosti-Kazakhstan reported.

"Construction will begin in 2013-2014. A competition will be held, organizational issues will be resolved next year. Construction will take at least 5-6 years," Dzhaksaliev told journalists on Tuesday in Almaty.

According to Dzhaksaliev, the station will be transferred to Kazakhstan's use according to the current legislation, "but investors will offset the construction expenses by sale of electricity."

Earlier construction of the Balkhash thermal power plant's start was reported in the summer of 2010.

A consortium of Korean companies is involved in the construction of thermal power plants: KEPCO (Korea Electric Power Corp) and Samsung Corporation. The Kazakh state's share in the project is 25 percent plus one share.

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