ALMATY, Kazakhstan, June 27. Kazakhstan's Samruk-Kazyna (Sovereign Wealth Fund) received half of the shares in three thermal power plants, which Russia will build there, Trend reports.
According to the Kazakhstan Stock Exchange, the fund became the owner of 50 percent of shares in the authorized capitals of Kokshetau TPP, Semey Energo, and Oskemen Energo TPPs.
Earlier in November 2023, the energy ministers of Kazakhstan and Russia, Almassadam Satkaliyev and Nikolay Shulginov, signed a memorandum of cooperation on projects for the construction of three thermal power plants in Kazakhstan.
It is proposed to construct a 240-MW thermal power plant in Kokshetau by 2027. It is also proposed to construct a 360-MW thermal power plant near Semey. The development of a thermal power plant in Ust-Kamenogorsk is scheduled until 2035.
As a source at Inter RAO previously told Trend, the total capacity of the Kokshetau TPP, Semey TPP, and Ust-Kamenogorsk TPP will be 1 GW.
To note, Inter RAO is an energy company that manages assets in Russia as well as in Europe and the CIS. Its scope of activity includes the production and sale of electrical and thermal energy, international energy trading, engineering, design, and construction of energy facilities.