Industry news

12 August, 2022
922

The Ministry of Energy of the Republic of Kazakhstan held negotiations with the winner of the auction for the construction of a PSU in the city of Kyzylorda with an installed electric capacity of at least 240 MW

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On August 9, 2022, the Ministry of Energy of the Republic of Kazakhstan hosted a meeting of the Minister of Energy of the Republic of Kazakhstan Bolat Akchulakov with representatives of the Turkish company Aksa Enerji Yetim A.Ş. headed by Vice-Chairman Serdar Ahmet Nishli.

During the negotiations, the parties discussed broad issues of bilateral cooperation in the implementation of the project for the construction of a combined cycle gas plant (CCGT) in Kyzylorda and expressed their intentions to adhere to the set pace for the timely completion of the project.

Also on the same day, a working meeting was held with the participation of the Vice Minister of Energy of the Republic of Kazakhstan, representatives of the RFC Renewable Energy LLP, JSC NC «Kazakh Invest» and the Turkish company «Aksa Enerji Üretim A.Ş.».

During the meeting, the current issues of agreeing on the terms of concluding a 15-year contract with a Single Buyer (RFC for RES LLP) were discussed and explanations were given on the norms of current legislation to determine further steps for the implementation of the project for the construction of a combined-cycle gas installation.

The Turkish company «Aksa Enerji Üretim A.Ş.» is one of the leading companies in the field of electricity generation on fuel oil, natural gas, wind generators and hydroelectric power plants in Turkey and abroad.

 Recall that the branch of JSC «Aksa Enerji Üretim A.Ş.» became the winner of the auction for the construction of newly commissioned generating units with maneuverable generation mode in the Kyzylorda region, held on the trading floor of JSC «KOREM» on July 13, 2022. Within the framework of these auctions, investors were selected for a project involving the construction of a combined-cycle gas plant with heat output in Kyzylorda with an installed electric capacity of at least 240 MW.

 In turn, a guaranteed return on investment will be provided for the investor, according to a long-term agreement with the Settlement and Financial Center for Support of Renewable Energy Sources LLP within the framework of the electric power market.

 According to the terms of the auction, the commissioning of the new power plant is planned for 2025.