(bne) - The planned construction of a new power line connecting Kazakhstan to Tajikistan will allow Central Asia’s common energy system to be reactivated. But plans to attract investment into new hydroelectric power plants are being held back by their political sensitivity.
(SRI) - Ekibastuz power plant, jointly owned by the copper minder Kazakhmys and the state investment fund Samruk-Kazyna, will spend $1 billion on capacity upgrades, Interfax reported.
(bne) - Four of the five Central Asian countries have muddled along with an often unsatisfactory, yet workable, shared electricity system that was devised after the break-up of the Soviet Union. This year, however, Uzbekistan and Kazakhstan have finally been provoked into announcing their withdrawal from the shared grid.
(SRI) - Russia and Kazakhstan have concluded agreements on oil transit and the parallel operation of the two countries’ power grids, according to media reports. The deals were signed November 20 by Russian Energy Minister Sergei Shmatko and his Kazakh counterpart Sauat Mynbayev.
(SRI) - Asia Energy BV, a subsidiary of Russian power generation and electricity trading company Inter RAO UES, acquired 76 percent of Kazakh Kazenergoresurs in August for $3.5 million, Kazakh media reported on Friday.
(SRI) - The World Bank will provide a $48-million loan to Kazakhstan’s national electricity grid operator KEGOC for the Moinak Electricity Transmission Project, the bank said in a statement.
(Bloomberg) - NTPC Ltd., India’s biggest electricity producer, wants to operate a 4,000-megawatt coal- fired power plant in Kazakhstan to gain entry into a country that may allow the state-run company to bolster coal supplies.
(SRI) - A South Korean consortium led by Korea Electric Power Corp (KEPCO) and building group Samsung C&T has signed a USD2.5 billion deal to build and operate a coal power plant in Kazakhstan, the company said on Wednesday.
(AP) - Kazakhstan announced Thursday it was pulling out of the Central Asian power grid to protect its energy supplies.
Kazakhstan has been an important source of uranium for more than fifty years. Over 2001-2006 production rose from 2000 to 5279 tonnes U per year, and further mine development is under way with a view to annual production of 18,000 tU/yr by 2010 and 30,000 tU by 2018.