ASTANA, Kazakhstan, May 8. Kazakhstan's Samruk-Kazyna (Sovereign Wealth Fund) and Qatar's Nebras Power have discussed the progress of the project to build a hydroelectric power plant in the east of Kazakhstan on the Irtysh River, Trend reports.
The discussion took place during a meeting between the Chairman of the Board of Samruk-Kazyna Nurlan Zhakupov and the Qatari company's management.
Zhakupov noted that the Fund's team has made great efforts to achieve progress in this project.
Samruk-Energy is currently developing a preliminary feasibility study for the project, known as the pre-feasibility study, and plans to complete this work by September of this year. The document will also determine the preliminary cost of the project.
On February 14, 2024, the parties signed an agreement to construct a new hydroelectric power plant with a capacity of up to 350 MW on the Irtysh River.
Meanwhile, Kazakhstan's renewable energy installations generated 6.675 billion kWh of electricity by the end of 2023. This volume accounts for 5.92 percent of total electrical energy production in 2023.
The country currently has 147 renewable energy facilities (over 100 kW) with an installed capacity of 2,903.54 MW: 59 wind power plants with a capacity of 1,409.55 MW; 46 solar power plant facilities with a capacity of 1,222.61 MW; 39 hydroelectric power plants with a capacity of 269.605 MW; and three biogas power plant facilities with a capacity of 1.77 MW.
Furthermore, by the end of 2023, 16 renewable energy facilities with a total installed capacity of 495.57 MW had been operational: 12 wind farms with a total capacity of 437.1 MW in the Akmola and Zhetysu regions, 2 hydroelectric power plants with a total capacity of 3.7 MW in the Almaty and Turkestan regions, and two solar power plants with a capacity of 54.77 MW in the Turkestan region.
As such, by 2027, 25 renewable energy projects with a combined capacity of 599.85 MW are predicted to be put into service.