Toqayev Signs Law Enabling Major UAE-Funded Wind Power Project
Photo: Pixabay, illustrative purposes
A large-scale wind power plant will be built in southern Kazakhstan, with funding provided by investors from the United Arab Emirates, reports Orda.kz.
President Qasym-Jomart Toqayev has signed a law ratifying the agreement with the UAE, paving the way for a project to supply electricity to hundreds of thousands of homes and reshape the country’s energy sector.
The agreement sets the legal foundation for large-scale construction in the Jambyl region, where two major wind farms with a combined capacity of one gigawatt are planned.
Construction is planned to begin in the first quarter of 2026. Once completed, the station will supply electricity to about 300,000 homes in southern Kazakhstan and prevent two million tons of coal emissions per year,
writes Asian Power.
Masdar, a leading Emirati renewable energy company, is financing the project. As previously reported, total investment could exceed $1.5 billion.
The day before the agreement was signed, the Crown Prince of Abu Dhabi arrived in Kazakhstan to sign several documents and discuss strategic cooperation.
Original Author: Alina Pak
Latest news
- Kazakhstan to Create National Rating Agency
- Less Than 1% of Employees in Kazakhstan Work Remotely
- Air Astana and FlyArystan Fined for Submitting Inaccurate Aviation Fuel Data
- Chinese Tourist Arrivals in Kazakhstan Rose Sharply in 2025, Analysts Say
- New Tax Code Has Not Slowed Business Growth in Kazakhstan, MNE Says
- Kazakhstan Plans Sharp Increase in Minimum Wage
- Tax Authorities to Start Checking Mobile Transfers in Kazakhstan From April 15
- After Outcry Over Altyn-Emel, Stretch of Highway Cleared of Garbage
- Ministry of Finance to Withdraw Idle Funds From Accounts of State Companies
- Illegal Resource Extraction Stopped in Taldykorgan
- Fewer Apartments Are Being Bought in Astana as Market Slump Enters Third Month
- Government Criticizes Idea of Dog Tax in Kazakhstan
- Kazakhstan Records Lowest Neonatal Mortality Rate in Central Asia
- Kazakhstan Imposes Six-Month Ban on Cattle and Small Livinestock Exports
- Kazakhstan’s IT Market Slows After Years of Rapid Growth, but Salaries Keep Rising
- Why the Oil Price Spike Did Not Help Kazakhstan’s Budget Much, the Ministry Explained
- Why More Women in Kazakhstan Are Working Beyond the 40-Hour Week
- Drone Strikes on CPC Drag Down Kazakhstan’s Oil and Gas Output
- New Parking Rules Approved in Astana: How Much Will Drivers Pay and Who Is Exempt?
- Shell and Eni Replaced in Karachaganak Gas Plant Project
