ASTANA, Kazakhstan, September 3. The implementation of the National Project for the Modernization of the Energy and Utilities Infrastructure of Kazakhstan requires over 10 trillion tenge (about $20.7 billion) of investments, Deputy Prime Minister Kanat Bozumbayev said at a government meeting, Trend reports.
According to the analysis of the current energy and utilities infrastructure by sector, the current wear and tear of networks ranges from 65 percent to 90 percent at 22 heat supply enterprises; from 70 percent to 97 percent at 18 power supply facilities; from 70 percent to 100 percent at 13 water supply enterprises; and from 70 percent to 100 percent at 24 water disposal enterprises.
"To reduce wear and tear in these areas below 50 percent, it is necessary to attract about 2.5 trillion tenge (about $5.2 billion) of investments in heat supply for the modernization of 2,200 kilometers of networks; electricity supply - more than 3.2 trillion tenge (about $6.6 billion) for the modernization of 114,700 kilometers of networks; water supply - about 900 billion tenge (about $1.86 billion) for the modernization of 5,300 kilometers of networks; and water disposal - more than 1.3 trillion tenge (about $2.7 billion) for 3,000 kilometers of networks," he said.
Bozumbayev noted that the average wear and tear at 55 energy producing organizations is 56 percent, with an installed capacity of 20.4 GW.
"Modernization and construction of new generation utilities require about 2.3 trillion tenge (about $4.76 billion) of investment. This will reduce the depreciation of stations by 25 percent and increase the installed capacity to 32.6 GW," he noted.
Meanwhile, the volume of investments in fixed capital in Kazakhstan amounted to 8.3 trillion tenge (about $17.2 billion) from January through July 2024.
The main share of investments in fixed capital from January through July 2024 falls on industry (40.8 percent), including mining and quarrying (22.3 percent), the manufacturing industry (9.8 percent), real estate transactions (20.4 percent), transport and warehousing (17.4 percent), and agriculture, forestry, and fisheries (4.9 percent).
