Samruk-Energy and Qatar's Power International Holding sign agreement for joint project implementation

Samruk-Energy and Qatar's Power International Holding sign agreement for joint project implementation

The Chairman of the Management Board of "Samruk-Energy" JSC Kairat Maxutov, and the President of the Power International Holding (PIH) Group, Ramez Al-Khayyat, have signed an agreement to jointly implement a project for the construction of a power plant based on a combined-cycle gas turbine.

The energy facility, with a planned capacity of 1,100 MW, is set to be built in the Kyzylorda region. The project aims to enhance the stability of Kazakhstan's unified energy system. Additionally, it will contribute to improving the environmental sustainability of the country's energy system, making it cleaner and more efficient.

During the signing ceremony, both parties highlighted the significant progress in developing their long-term partnership, which is built on mutual respect and trust. They also discussed the next steps for the joint implementation of this energy project.

Power International Holding is a Qatari conglomerate operating across various economic sectors. The company has successfully delivered approximately one thousand projects worldwide.