Russia signs agreement to build nuclear power plant in Kazakhstan
Russia-backed financing will cover 85% of the plant as Kazakhstan moves to add nuclear power after a 2024 referendum, officials said.
- Russian President Vladimir Putin and Kazakh President Kassym-Jomart Tokayev signed a landmark agreement to construct Kazakhstan's first nuclear power plant during a high-profile state visit to Astana.
- The deal secures a massive Russian state export loan to bankroll the strategic project, with Moscow agreeing to provide 85% of the total financing required for the multi-billion-dollar facility.
- Russia's state-owned nuclear corporation, Rosatom, will lead the international consortium delivering the project, mapping out a timeline to begin initial construction base work in 2027 and aiming for full operational commissioning by 2035–2036.
- The deal is a massive step for Kazakhstan's energy grid, an oil- and gas-rich nation that hasn't possessed operational nuclear generation capacity since decommissioning its Caspian Sea BN-350 reactor in 1999.
21 Articles
21 Articles
Country discusses the possibility of adopting nuclear energy for at least two decades
Russia signs $16.5 billion deal to build first nuclear power plant in Kazakhstan
Russia signed an agreement on Thursday with Kazakhstan to build the first nuclear power plant in Central Asia’s largest country at a cost of about $16.5 billion, partially covered by a major export loan from Moscow. Kazakhstan, the world’s biggest producer of uranium and a country which suffered from the fallout from Soviet nuclear testing, has been discussing the possibility of atomic power for at least two decades. A 2024 referendum returned a…
Russia inngikk torsdag en avtale med Kasakhstan om å bygge det første atomkraftverket i Sentral-Asias største country.
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Russia and Kazakhstan Forge Nuclear Power Partnership | Science-Environment
Russia and Kazakhstan have reached an agreement to construct a nuclear power plant in Kazakhstan. The accord was signed during the visit of Russian President Vladimir Putin to Kazakhstan, where he met with President Kassym-Jomart Tokayev. The deal includes a Russian export credit for financing the plant's construction.
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