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Kazakh Kazatomprom to hold additional auction on its solar energy assets

Oil&Gas Materials 5 March 2021 14:28 (UTC +04:00)
Kazakh Kazatomprom to hold additional auction on its solar energy assets

BAKU, Azerbaijan, Mar. 5

By Nargiz Sadikhova - Trend:

Kazakhstan’s Kazatomprom National Atomic Company JSC will hold an additional auction of its non-core solar energy assets on March 12, 2021, Trend reports citing the company.

The initial auction held on February 12, 2021 was declared invalid due to a lack of participation at the beginning of the electronic auction, with less than two participants registered.

Kazatomprom’s 100 percent stakes in the authorized capital of MC KazSilicon LLP, Astana Solar LLP and Kazakhstan Solar Silicon LLP will be sold through the public auction. These non-core assets of the сompany are being sold as part of the Comprehensive Privatization Plan for 2021–2025, approved by the Government of the Republic of Kazakhstan.

To participate in the auction, potential buyers must pass the registration procedure on the web portal of the state property register www.e-auction.gosreestr.kz. The first participant who confirms the desire to purchase the asset at the announced price will be the winner.

Astana Solar LLP is a modern plant for photovoltaic module assembly. The enterprise is equipped with a European automated line with a production capacity of 50 MW/year, which may be increased to 100 MW/year.

Kazakhstan Solar Silicon LLP is a Kazakhstan plant for the production of multicrystalline silicon wafers and photovoltaic cells with a design capacity of 60 MW per year.

KazSilicon Metallurgical Plant LLP is located in Bastobe village, Karatal district, Almaty region. The company operates the Sarykul deposit, a vein of milky white quartz of the highest natural purity (99.5 percent).

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