Kazakhstan May Proceed with Independent Construction of Three CHP Plants
Photo: Olga Ibraeva / Orda.kz
Prime Minister Olzhas Bektenov stated that Kazakhstan is considering building three combined heat and power (CHP) plants independently, which were initially planned as joint projects with Russia, reports Orda.kz.
Three CHP plants were originally considered for implementation in partnership with Russian counterparts. So far, we have not received confirmed information about the availability of guaranteed concessional financing from Russia,
Bektenov said at a press conference.
Due to the lack of clarity from the Russian side, construction of the CHP plant in Kokshetau has already begun independently, with the involvement of the company Samruk-Energo:
As for Semey and Oskemen, we are still waiting for a response from the Russian side. If there is no response soon, we will also consider moving forward independently. We cannot afford to wait,
Bektenov emphasized.
The Prime Minister assured that Kazakhstan is capable of implementing these projects without external financing.
The budget can handle it. Samruk-Energo will use market-based mechanisms. CHP plants are business projects — once operational, they will generate revenue and repay the investments made,
he added.
Earlier reports indicated that Kazakhstan has been seeking alternatives to Russian contractors for these construction projects.
Original Author: Artyom Volkov
Latest news
- Kazakh Activist Sentenced In Electoral Rights Case
- Kazakhstan Signs Extradition Agreements With Hong Kong And Macau
- Kazakhstan Plans Six Air Taxi Vertiports By 2028
- Why Kazakhstan Is Looking For Belgian Businessman Frank Monstrey
- Government Rejects Higher Markups For Rural Food Stores
- Kazakhstan Prepares Local Suppliers For Nuclear Power Plant Construction
- Akimats Turn To Stock Exchange To Fund Housing Projects
- Kazakhstan To Expand Digital Biometric Records System
- Kazakhstan Farmers Face Contract Blocks Over Irrigation Water Debt
- Former Priest Iakov Vorontsov To Be Sent To Psychiatric Hospital
- Astana Woman Jailed For Visa Fraud Worth Nearly 900 Million Tenge
- Foreign-Plated Car Owners Protest Police Raids In Atyrau
- Kazakhstan Wasted Almost 650 Billion Tenge In 2025, Auditors Say
- Almost 90% Of Kazakh Businesses Still Operate Without Innovation
- Demolition, Resettlement And A New Design Code: How Astana Will Be Rebuilt By 2030
- Kazakhstan Plans Large Energy Storage Systems For Wind And Solar Power
- Authorities Consider LRT From Almaty To Alatau, But Metro Extension Is Not Planned Yet
- Kazakhstani Military Personnel To Receive Expanded Social Guarantees
- Kazakhstan’s Banks Are Still Making Billions, But Profit Growth Is Slowing
- Astana Court Allows Ukraine’s Naftogaz To Recover $1.4 Billion From Gazprom
