Collaboration on Kazakhstan's first pumped storage power plant project discussed by Samruk-Energy and CCCC

Collaboration on Kazakhstan's first pumped storage power plant project discussed by Samruk-Energy and CCCC

“Samruk-Energy” JSC Chairman of the Board, Kairat Maxutov, and General Director of Chinese company CCCC, Chairman of the Board Wang Haihuai, discussed the next steps for the implementation of Kazakhstan's first pumped storage power plant (PSPP) project. 

The parties acknowledged the progress achieved as a result of bilateral negotiations. Previously, on July 2, 2024, an Agreement on Cooperation for the construction of the PSPP in Kazakhstan was signed within the framework of the Kazakhstan-China Business Council. 

During the meeting, it was decided to form a working group and develop a detailed roadmap for the project. 

The Chinese side presented a video highlighting the features and advantages of operating a pumped storage power plant. Additionally, Wang Haihuai invited the head of Samruk-Energy to visit major PSPPs in China built by CCCC.