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Nuclear Power Plant

Project Name: Nuclear Power Plant in Almaty Region

Project Description:The Sovereign Wealth Fund "Samruk-Kazyna" JSC is overseeing the development of Kazakhstan's first nuclear power plant (NPP) in the Almaty Region. The selected site for the NPP is near the village of Ulken in the Zhambyl District. This initiative aims to diversify Kazakhstan's energy mix, enhance energy security, and reduce greenhouse gas emissions by incorporating nuclear energy into the national grid. The project aligns with the country's strategy to meet growing electricity demand and transition to low-carbon energy sources.

Current Status:As of January 2025, Kazakhstan is finalizing agreements for the construction of the NPP. Regional analyses to determine locations for a second NPP are also nearing completion. In October 2024, a national referendum showed that over 70% of participants supported the development of nuclear energy in the country.

Start Date: To be determined upon finalization of agreements

End Date: To be determined upon finalization of agreements

Investment Volume: Specific investment figures have not been publicly disclosed

Location: Near Ulken village, Zhambyl District, Almaty Region, Kazakhstan

Investor / Customer:

  • Sovereign Wealth Fund "Samruk-Kazyna" JSC

Company Details:

Key People and Contact Details:

  • Name: Nurlan Zhakupov

    • Position: Chairman of the Management Board

    • Phone: Not publicly disclosed

    • Email: Not publicly disclosed

General Contractor: To be determined

Engineering Contractor: To be determined

This project represents a significant step in Kazakhstan's energy sector, aiming to provide a stable and sustainable power supply while supporting environmental goals. Further details, including timelines and investment volumes, are expected to be announced upon the finalization of agreements and completion of feasibility studies.


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