Samruk-Energy head joins signing of Inter-Governmental Agreement for coal-fired power plants

Samruk-Energy head joins signing of Inter-Governmental Agreement for coal-fired power plants

Kairat Maxutov, Chairman of the Board of “Samruk-Energy” JSC, participated in the signing ceremony for an agreement between the Ministries of Energy of Kazakhstan and Russia. This agreement focuses on collaborative construction projects for thermal power plants in Kokshetau, Semey, and Ust-Kamenogorsk. The Ministers of Energy from both countries, Almassadam Satkaliyev of Kazakhstan and Nikolay Shulginov of Russia, signed the agreement via video conference.

The agreement outlines key responsibilities, project stages, environmental emission standards for the new plants, and financing terms.

Almassadam Satkaliyev, Kazakhstan's Minister of Energy, emphasized, "Developing three new TPPs  in regional centers Semey, Kokshetau, and Ust-Kamenogorsk, given our substantial coal reserves, will significantly boost their development."

“Samruk-Energy” JSC and “INTER RAO – Export” LLC have been tasked with overseeing the projects on behalf of their respective countries.

Previously, on November 9, 2023, during a meeting between the Kazakhstani and Russian Heads of State, a memorandum was signed to form a working group. This group was established to craft a detailed roadmap and set the primary conditions for project execution.

Currently, the working group has completed an in-depth analysis of the legal, technical, and financial aspects of the TPP construction.