Kazakhstan to build new power plants in southern regions

Oil&Gas Materials 14 February 2022 15:55 (UTC +04:00)
Kazakhstan to build new power plants in southern regions

BAKU, Azerbaijan, Feb. 14


The southern regions of Kazakhstan are the priority for launching projects on renewable energy, the country’s Energy Minister Bolat Akchulakov said during a briefing at the Central Communications Service, Trend reports via the ministry.

"Until 2026, in the southern regions, it's planned to build seven power plants with a total capacity of about 3,050 MW, some of which will be sold via the auctions, allowing make the power tariffs for target consumers as cheap as possible," Akchulakov noted.

Besides, according to him, in order to ensure the stable functioning of the energy system and the full supply of the country's economy with electricity, the Ministry of Energy has concluded 13 investment agreements with existing energy producers, under which it’s planned to implement measures to reconstruct and expand equipment of power plants.

"Based on the results, it’s planned to commission additional electric power plant, with a capacity of about 1,600 MW, of which nearly 950 MW and 650 MW account for coal and gas, respectively,” he further said. “Work on conclusion of the additional investment agreements in order to maintain the working condition of power plants' equipment continues.”

"Moreover, within the framework of the plan for the development of the hydropower industry of Kazakhstan for 2020-2030, it’s envisaged to commission electric power plant with a capacity of nearly 1,500 MW using the hydrodynamic energy of water until 2030," added the minister.