The construction of three new CHPs in Kazakhstan, instead of Russia, will be handled by a joint Kazakh-Singaporean consortium. On the republic's side, it includes the company "Samruk-Energo," Vice Minister of Energy Sungat Yesimkhanov said at a government briefing.
Kazakhstan decided to build the CHP in Kokshetau on its own, while the other two — in Semey and Ust-Kamenogorsk — will be built by the consortium.
A Kazakhstani, well, conventionally Singaporean registered company. All technologies will be modern, Chinese, everything complies with environmental requirements. This is a technical issue.
All new CHPs are planned to use elements of artificial intelligence and "clean coal" technologies.
Let us recall that Russia had planned the construction of CHPs in Kazakhstan under an intergovernmental agreement signed in April 2024. The first official agreements were concluded back in November 2023.
Problems began to be discussed in mid- 2025. The main reason was difficulties with preferential financing from Russia and uncertainty over the terms for equipment lending.
It is worth noting that the project involving the Singaporean consortium is estimated at 700 billion tenge (about 117.1 billion rubles), which is almost half the cost of the previous estimates for construction with Russia (1.26 trillion tenge or ~245.7 billion rubles).
Kazakhstan also revised the construction of a new unit at Ekibastuz GRES-2 and abandoned Russian turbines and generators in favor of the Chinese supplier Harbin Electric International.
Nevertheless, Russia continues supplying power equipment to Kazakhstan. Exports are going to other facilities, including the modernization of already operating stations.
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