Kazakhstan signs contract to build first nuclear power plant

Kazakhstan signs contract to build first nuclear power plant

The construction of Kazakhstan’s first nuclear power plant has entered a new, practical stage. As part of the 11th Eastern Economic Forum in Vladivostok, Kazakhstan Nuclear Power Plants and Atomstroyexport, a subsidiary of Rosatom, signed a contract for the design, supply, and construction of a nuclear power plant in Kazakhstan. The implementation of the project is of strategic importance. As the economy, infrastructure, digitalization, and artificial intelligence continue to develop, Kazakhstan’s need for reliable and stable electricity will only increase. Thus, the construction of the nuclear power plant is an important part of Kazakhstan’s long-term policy aimed at strengthening energy security and independence. Particular attention will also be paid to localization during the implementation of the project, with maximum involvement of Kazakhstan’s enterprises and specialists, as well as goods, works, and services. In turn, this will boost domestic industry and technologies and strengthen national expertise for the further development of the nuclear energy sector.

«It is very important to highlight the benefits and clear advantages that Kazakhstan will gain. First and foremost, this is the creation of a low-carbon source of electricity in the energy-deficit south of the country, which will help strengthen the stability of both the energy balance and water regimes across the Central Asian region. It will also create an opportunity to use Kazakhstan’s own uranium products as fuel for nuclear power plants. In addition, it opens up a broad range of cooperation with Rosatom, including the training of highly qualified specialists and the development of applied scientific research,» noted Almassadam Satkaliyev, Chairman, Kazakhstan Atomic Energy Agency.