Kazakhstan Chamber of Commerce in the USA

KazCham


Construction of two nuclear plants to be commenced by 2018

Posted on January 29, 2015 by KazCham

Business Intelligence from Colibri Law Firm: Issue #100

In 2014 the state nuclear company KazAtomProm and Russian Rosatom signed a cooperation deal on nuclear power, as well as a memorandum of understanding (MoU) on a new nuclear power plant. The design and size of the plant remains open, and was listed only as having generating capacity of 300-1200 MWe. Its siting will be in the Mangistau region (city Aktau).

In 2018 it is expected to commence construction in Kazakhstan of a second nuclear power plant. The location of the second nuclear power plant will be in the village Ulken (a town in the East Kazakhstan region).

After a program of expansion and joint ventures with foreign partners, Kazakhstan now produces about 22,550 tonnes of uranium per year – about 38% of the global total.

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