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    Kazakhstan seeks investment partners to build 1200-MW coal-fired power plant - Ministry


    June 1, 2023 - Interfax Kazakhstan General Newswire

     

      ASTANA. June 1 (Interfax-Kazakhstan) - The Kazakh authorities are negotiating the construction of a 1,200-MW coal-fired power plant with potential investors, Aidos Daribayev, head of the power industry department in the Ministry of Energy.

      "The ministry set a target to build coal-fired plants to cover the deficit of power electricity. There is a project to build a 1,200-MW hydropower plant. We are studying several location sites," Daribayev said at the 4th forum of the coal industry on Thursday.

      The official said that the international institutions had already stopped financing coal-fired generation, but there are potential investors who can help build these stations.

      "We are talking with China and with investors from India. Direct negotiations are underway. We understand that renewable energy sources are not reliable, but we can rely on the capacities of coal-fired power plants," Daribayev said.

      Daribayev noted that in 2022, Kazakhstan's electricity generation totaled 128 billion kW including 70% of coal generation.

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