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    Kazakhstan: Turkish company to build a thermal power plant in Kyzylorda

    September 9, 2022 - Times of Central Asia


      A ceremony of laying a commemorative capsule was held in Kyzylorda to start the construction of a combined cycle power plant with a capacity of 240 MW with the release of thermal energy of 277 Gcal, Kazakh Invest National Company said on September 7.

      The construction of the thermal power plant is carried out by the Turkish company Aksa Energy, which won the tender held on July 13, 2022.

      Akim (Governor) of the Kyzylorda region Nurlybek Nalibayev, veterans and workers of the energy sector took part in the capsule-laying ceremony. The governor called the construction of the thermal power plant a historical event, since additional energy capacities are needed for the advanced development of the region.

      The event was attended by a delegation headed by the Deputy Chairman of the Board of Aksa Energy Korkut Ozturkmen. According to the investor, the implementation of such a large-scale project will ensure energy security and tariff stability.

      According to Murat Balabayev, regional director of Kazakh Invest, the capacity of the combined cycle plant of 240 MW allows to fully cover the need of the Kyzylorda region for electricity in the coming years. Moreover, the region will turn from an importer into an exporter of electricity.

      The expected commissioning of the combined cycle plant under the contract is 2025. Aksa Energy plans to launch the facility in 2024.

      The cost of the project is 215 billion tenge. The project will be implemented at the expense of the investor. Return on investment will be provided within 15 years.

      Aksa Energy was founded in 1997 as part of Kazanci Holding and is Turkey's largest independent electricity producer with a total capacity of 2,756 MW. The company has built and operates 30 power plants in seven countries.


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