Company news
For the first time, auctions with a capacity of 100 MW were held on the site of KOREM JSC
The results of the auction for the construction of a WPP with a total installed capacity of 100 MW have been announced.
On May 27, 2025, the auctions were held to select renewable energy projects for the construction of a WPP for the South Zone of the Unified Power System (UPS) of the Republic of Kazakhstan with a total installed capacity of 100 MW.
8 companies were allowed to participate in the auction bidding, during the trading session participants submitted 14 price bids. The total volume of submitted bids amounted to 600 MW. The marginal auction price at auction bidding for selection of WPP projects in 2025 was 22.68 tg/kWh (excluding VAT).
During the trading session, the price range of bids received from the auction participants was from 18,05 to 11,49 tg/kWh (excluding VAT).
As a result of the auction bidding, «Zeta Wind» LLP was identified as the winner, the installed capacity of the project is 100 MW, the auction price is 11,49 tg/kWh (excluding VAT).
Representatives of the Ministry of Energy of the Republic of Kazakhstan, Kazakhstan Electric Power Association, Association of Legal Entities “Kazakhstan Association аf Oil-Gas and Energy Sector Organizations “Kazenergy”, Kazakh association of regional environmental initiatives “ECOJER” took part as observers. Observers confirmed the transparency of the electronic trading system of the auction organiser – KOREM JSC.
The next auctions for the selection of projects for the construction of WPPs are scheduled for 28 May 2025, Western Zone, with a total installed capacity of 50 MW.