• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
15 January 2025

Viewing results 1 - 6 of 47

Kazakhstan to Train Workforce for Future Nuclear Power Plants

Kazakhstan’s first nuclear power plant (NPP) is expected to create permanent employment for approximately 2,000 people, with an additional 10,000 workers involved during its construction. This announcement was made by Energy Minister Almasadam Satkaliyev during a recent government meeting. The country plans to commission its first NPP by 2035. A shortlist of potential builders includes four international companies: China’s CNNC, Russia’s Rosatom, South Korea’s KHNP, and France’s EDF. Authorities have also suggested the possibility of forming a consortium involving multiple countries to leverage diverse technological solutions. Alongside these efforts, Kazakhstan intends to independently train the specialists required for NPP operations. Minister Satkaliyev highlighted plans to establish specialized training programs in domestic colleges to develop skills for roles such as dosimetrists, steam turbine equipment mechanics, nuclear power plant maintenance and repair specialists, and IT specialists for nuclear facilities. Practical training will be conducted at the National Nuclear Center and the Institute of Nuclear Physics. “By 2030, the NPP construction project will create around 5,000 jobs, peaking at approximately 10,000 jobs in 2032. Once operational, the first plant will provide at least 2,000 permanent positions,” Satkaliyev stated. As previously reported by The Times of Central Asia, Kazakhstan is accelerating the construction timeline for the NPP, located in the Almaty region, and plans to select a contractor in the first half of this year. During the government meeting, which coincided with the “Year of Working Professions” initiative, Satkaliyev also addressed the broader labor demand in Kazakhstan’s energy sector. The industry is expected to require over 16,000 additional workers, including power engineers, welders, fitters, gas cutters, and electricians, by 2030. The country’s energy sector currently employs 303,000 people across 1,600 enterprises, with 99 new projects planned over the next five years. To attract and retain talent, the Ministry of Energy aims to achieve an annual 15% wage increase for production personnel in energy-producing companies. Meanwhile, Talgat Yergaliyev, Chairman of the Union of Builders of Kazakhstan (UBC), has called for simplifying the hiring process for foreign labor to address workforce shortages in Kazakhstan’s construction sector.

Kazakhstan Plans to Accelerate Construction of First Nuclear Power Plant

Kazakhstan’s Energy Minister, Almasadam Satkaliyev, has announced that the selection of a contractor for the country’s first nuclear power plant (NPP) will be finalized in the first half of 2025. The government is awaiting proposals from bidders that focus on shortening construction timelines and reducing project costs. This follows President Kassym-Jomart Tokayev's directive to expedite the implementation of the nuclear power plant project. “The commission will do everything possible to advance this process and make a decision on the contractor in the first half of 2025,” Satkaliyev told reporters. The shortlist for the potential builders includes four companies: China’s CNNC, Russia’s Rosatom, South Korea’s KHNP, and France’s EDF. Kazakh authorities have also indicated that a consortium involving multiple countries might be formed to leverage diverse technological solutions. Deputy Prime Minister Roman Sklyar highlighted the benefits of such collaboration, where different countries could contribute specific components, such as nuclear islands, turbines, or distribution systems. Satkaliyev emphasized the need for faster construction solutions, citing a precedent where China’s national nuclear company built a power unit in Pakistan in six years. “In today’s world, there are possibilities for expedited solutions,” he stated. Kazakhstan previously projected a 10-year timeline for constructing the NPP. However, the country is expected to face a 2.4 gigawatt energy deficit by 2035, underscoring the urgency of completing the project. The energy minister noted that the process from construction to the launch of the first unit could take up to 14 years, making accelerated timelines crucial. The Times of Central Asia previously reported on the results of a referendum held on October 6, which showed that 71.12% of voters approved the construction of a nuclear power plant in the Almaty region. The accelerated development of the NPP reflects Kazakhstan’s commitment to addressing its future energy needs while integrating advanced international technologies and solutions.

Navigating Energy and Diplomacy: Putin’s Visit to Kazakhstan

The Kremlin has confirmed that Russian President Vladimir Putin will visit Kazakhstan on November 27 at the invitation of Kazakh President Kassym-Jomart Tokayev. The visit is expected to focus on several key issues, with the construction of Kazakhstan's first nuclear power plant likely to be high on the agenda. As part of the visit, the two leaders will participate in the 20th Forum of Inter-regional Cooperation between Kazakhstan and Russia via video conference. Additionally, Putin will attend the regular session of the Collective Security Treaty Organization (CSTO) Collective Security Council, chaired by President Tokayev, on November 28. The meeting will involve heads of state from Russia, Kazakhstan, Belarus, Kyrgyzstan, and Tajikistan, as well as CSTO Secretary General Imangali Tasmagambetov. The agenda includes discussions on regional and international security, with a program to strengthen Tajik-Afghan border security set to be adopted. Notably, given its currently tumultuous relationship with Russia in the wake of Azerbaijan's invasion of Nagorno-Karabakh, Armenia will not participate, with its Foreign Minister, Ararat Mirzoyan having opted out of attending. Focus on Nuclear Power and the Role of a Consortium Experts believe that Putin’s visit will include discussions on nuclear energy. This aligns with recent remarks by Kazakh Energy Minister Almasadam Satkaliyev, who stated that Kazakhstan is open to discussing nuclear power plant construction with Russia, among other potential partners. Satkaliyev emphasized that energy issues remain a cornerstone of international cooperation, and Kazakhstan has established an intergovernmental commission to evaluate proposals from various vendors on a competitive basis. Kazakhstan’s First Deputy Prime Minister Roman Sklyar has highlighted the importance of forming an international consortium for the project. Speaking in September, Sklyar noted that political risks and safety concerns would be addressed during the process. He also emphasized the need to incorporate cutting-edge technologies from global leaders in the nuclear energy sector. On November 14, Kazakh Prime Minister Olzhas Bektenov met with Alexei Likhachev, Director General of the Russian State Atomic Energy Corporation, Rosatom. The meeting focused on cooperation in nuclear energy, quantum technologies, digitization, and the development of human resources. Rosatom, a diversified company involved in engineering and construction, currently has 39 nuclear power units in various stages of development across ten countries. Public Support and Future Plans The potential construction of a nuclear power plant in Kazakhstan has garnered significant public support. In an October 2024 referendum, 71.2% of Kazakh voters approved the initiative. Commenting on the result, Tokayev suggested that an international consortium involving global companies with advanced technologies would be the best approach for the project. Kazakhstan’s energy landscape is characterized by a reliance on aging thermal power plants, which are increasingly unable to meet the demands of a growing population and economy, with electricity shortages projected to worsen, particularly in the rapidly developing southern regions. The construction of a nuclear power plant, therefore, is seen as a crucial step toward alleviating these shortages, reducing dependence on overpriced imports from Russia, and achieving carbon neutrality goals. The construction of Kazakhstan’s first nuclear power plant presents both...

Chinese Companies to Purchase Uranium Concentrates from Kazatomprom for $2.5 Billion

Shareholders of Kazatomprom, Kazakhstan’s national uranium producer, have approved agreements with two Chinese partners: CNNC Overseas and China National Uranium Corporation (CNUC). These agreements include a spot contract with CNNC Overseas and a long-term contract with CNUC. Under the terms of these deals, Kazatomprom plans to supply uranium concentrates to China valued at approximately KZT1.25 trillion (around $2.5 billion). While the company has not disclosed specific delivery timelines or volumes, the agreements mark a significant development in Kazakhstan-China nuclear energy cooperation. CNNC Overseas registered in Hong Kong, and CNUC, based in China, are both subsidiaries of the China National Nuclear Corporation, a state-owned entity responsible for operating nuclear power plants across China. Kazatomprom has been deepening its ties with China in the nuclear energy sector. In May 2023, a ceremony at the Fangchenggang Nuclear Power Plant marked the acceptance of fuel assemblies produced by Ulba-TVS LLP, a Kazakh-Chinese joint venture in Ust-Kamenogorsk. These assemblies, made from Kazakhstani uranium feedstock, are destined for use in Chinese nuclear power facilities.

Uzbekistan and China Strengthen Partnership in Nuclear Energy Development

On November 4 during Uzbekistan’s participation in EXPO 2024 in Shanghai, Uzbekistan’s Atomic Energy Agency officials met with Wei Fuqi, General Director of the China National Nuclear Corporation Overseas Ltd (CNOS). They discussed opportunities for collaboration in nuclear energy and other potential joint projects. The Uzbek officials and CNOS reached agreements on cooperation in the peaceful use of nuclear energy, a detailed review of the possibilities of adopting China’s advanced experience in nuclear power plant construction, and studying the possibilities of using China’s small modular reactors. The parties also talked about cooperating to expand uranium ore mining capacity, processing, production and export of finished products with high added value, and subsequent fuel use in nuclear power plants. Uzbekistan is consistently reforming its nuclear program. China has confirmed that it is interested in strengthening bilateral relations in all areas of nuclear technology.

Kazakhstan To Establish Special Commission on NPP Construction

A special government commission will be formed in Kazakhstan to manage the nuclear power plant construction project, according to Energy Minister, Almasadam Satkaliyev. As stated by the minister, the commission will engage in an open, competitive dialog with potential bidders. Preliminary consultations have already been held, including visits to China and South Korea, where critical requirements for future contractors were discussed. Among the main selection criteria are power cost, budget and construction time-frame, mandatory safety guarantees, social commitments, financing, and localization of fuel production. As part of this process, the commission will formulate proposals for further consideration at a meeting of the Energy Council under the President of Kazakhstan. In addition, consultants will analyze the project's financial, economic, legal, and technical aspects. As The Times of Central Asia previously reported, a referendum on nuclear power in Kazakhstan was held on October 6. More than 70% of Kazakhstanis voted in favor of the construction of a nuclear power plant. Potential participants in the project are now being discussed. Among the countries being considered as partners are Russia, China, France, and South Korea. These states have set out their proposals, and the authorities in Kazakhstan are considering them. In addition, the United States has expressed its willingness to participate. President Tokayev has expressed his preference for an international consortium to realize the project. The final decision will be made based on technical and financial conditions, with the preliminary cost estimated at $5 billion.