Kazakhstan's First Nuclear Plant Faces More Delays as Rosatom Financing Deal Stalls

Kazakhstan's First Nuclear Plant Faces More Delays as Rosatom Financing Deal Stalls

Beset with financing difficulties, Rosatom, Russia’s nuclear energy entity, is begging for more time to start building Kazakhstan’s first nuclear power plant on the shores of Lake Balkhash. The site was selected after extensive study by Kazakh authorities. But at a recent meeting in Moscow, Rosatom chief Alexei Likhachev told the head of Kazakhstan’s Atomic Energy Agency, Almassadam Satkaliyev, that the Russian entity will need “at least a year …