Kazakhstan May Proceed Without Russia on Thermal Power Plant Projects — Deputy PM
Photo: Olga Ibraeva / Orda.kz
Russia may not follow through on its commitment to build three thermal power plants in Kazakhstan, and the country is ready to move forward independently if necessary, Orda.kz reports.
Speaking on the sidelines of the Central Asia–China summit, Deputy Prime Minister Roman Sklyar said that although an agreement with the Russian side has been signed, implementation is being delayed.
“We have an agreement that we have already signed. And now there is a delay with export financing,” Sklyar explained.
If financing from Russia fails to materialize, Kazakhstan is prepared to carry out the project without external support.
“We can build without the participation of Russian partners,” he added.
According to Sklyar, this does not imply direct state financing. The national company Samruq-Energo could serve as the customer under a rate guarantee model tied to the new power plants.
We have Samruq-Energo, which can act as a customer and build a thermal power plant under a rate guarantee. There are no rate calculations yet,
he noted.
It remains unclear whether domestic construction companies will be involved.
“Let’s wait for the decision. When construction begins, we will announce it.”
Earlier, Sklyar stated that Kazakhstan was considering replacing the investor for the thermal power plants in Kokshetau, Semey, and Oskemen due to financial difficulties.
Original Author: Zhadra Zhulmukhametova
Latest news
- U.S. Issues Written Assurance Exempting Rosneft Germany from New Sanctions — Reuters
- Oskemen: Authorities Announce Air Quality Measures
- Prosecutor Seeks 15-Year Sentence for Khasan Kasymbayev
- Two KNB Employees and Three MIA Employees Implicated in Drug Smuggling and Money Laundering Case
- KNB Anti-Corruption Agency Investigates Officials in Turkistan Region
- Ahead of Toqayev’s Visit to Washington: U.S. Envoys Sergio Gor and Christopher Landau Visit Almaty
- Finnish President Alexander Stubb Visits Astana for Official Talks
- Court Concludes High-Profile Nazira Gold Case in Shymkent
- Almaty Ranks Fourth Among the World’s Most Polluted Cities
- U.S. Floats Six-month Window for Germany to Resolve Rosneft Ownership Issue — Bloomberg
- Convicted for Corruption: Ex-Deputy Akim Known for Praising Nazarbayev Seen at Celebration
- Man Serving Sentence in Abay Region Dies, KUIS Confirms
- Kazakhstan May Begin Supplying Uranium to Finland
- Thousands of Railcars Backed Up at the Chinese Border as Temir Joly Restricts Exports
- Financing for Oskemen and Semey Power Plants Not Yet Determined
- EAEU: Russia Introduces Temporary Rules for Goods from Kazakhstan and Kyrgyzstan
- ForteBank Issues $400 Million in Perpetual Subordinated Bonds
- Afghanistan: Ethnic Kazakhs Seek Return to Homeland Amid Ongoing Instability
- Kazakhstan Still Seeking Investor for Yekibastuz Power Plant Project
- Kazakhstan: Vice Energy Minister Comments on Experts' Concerns Over Possible Diesel Shortage Amid Low Prices
