Russia, China Lead Construction of Kazakhstan Nuclear Plants
Russia, China Lead Construction of Kazakhstan Nuclear Plants

Russia, China Lead Construction of Kazakhstan Nuclear Plants

News summary

Kazakhstan is advancing plans to build its first nuclear power plant, with Russia's Rosatom selected to lead the consortium for the initial facility, while China's CNNC is expected to lead a second project. The Russian proposal was deemed the most optimal and competitive among international contenders, including Chinese, French, and South Korean companies. Kazakhstan, despite being a major uranium producer, has relied primarily on coal-fired, hydroelectric, and renewable energy sources since its last nuclear reactor was decommissioned in 1999, and currently imports some electricity from Russia. The project, estimated to cost around $12 billion, has strong public support, with over 70% approval in a recent referendum, and may benefit from Russian state export financing. Kazakhstan aims to adopt Chinese nuclear technologies for future plants, recognizing China's comprehensive industrial capabilities and efficiency in construction. The government is also developing long-term strategies for nuclear development, reflecting a clear vision for expanding its nuclear energy sector.

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