• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10693 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10693 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10693 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10693 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10693 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10693 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10693 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10693 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 1 - 6 of 6

Kazakhstan to Invest Over $15.5 Billion in Coal-Fired Power Generation

Kazakhstan is launching a large-scale investment programme in the energy sector. By 2030, the country plans to attract at least $15.5 billion for the development of coal-fired power generation. The corresponding national project has been approved by the government. According to government estimates, electricity demand in Kazakhstan will grow at an accelerated pace, partly due to the expansion of the IT sector, data centers, and AI. Under these conditions, the authorities are prioritising baseload generation, which renewable energy sources are not yet able to fully provide. The national project provides for the commissioning and modernisation of 7.8 GW of capacity. Key facilities include an energy cluster in Ekibastuz (2,640 MW), power plants in Kurchatov (700 MW) and Zhezkazgan (500 MW), as well as new combined heat and power plants in Kokshetau, Semey, and Ust-Kamenogorsk. Financing will come primarily from extra-budgetary sources through the attraction of private capital. The government expects the investments to generate a multiplier effect in the economy, including growth in mechanical engineering, energy equipment manufacturing, and automated systems. At the same time, 11 existing power plants are to be modernised. This is expected to reduce equipment wear by 12.6% and increase generation efficiency. Implementation of the project will also lead to an increase in thermal coal consumption of around 20 million tons per year. To ensure supply, additional investment is planned in transport infrastructure, including expanding the railcar fleet and modernising railway lines. Coal-fired generation is therefore set to become a driver not only for the energy sector but also for related industries. Despite the emphasis on coal, the authorities are counting on the introduction of “clean” generation technologies. New power plants will be equipped with modern emission-control systems, including electrostatic precipitators and desulphurization units. These measures are expected to reduce environmental impact and bring the industry closer to international standards. The project is expected to create about 4,500 permanent jobs, along with employee support measures such as subsidised mortgages. The launch of the project comes amid the global energy transition, creating a strategic dilemma. On the one hand, Kazakhstan aims to ensure energy security and sustain economic growth. On the other, pressure linked to the international climate agenda remains. As previously reported by The Times of Central Asia, the country plans to fully meet domestic electricity demand by 2027 and achieve a sustainable surplus by 2029, allowing it to begin exports. At the same time, new energy-intensive projects are under consideration, including the creation of a “data centre valley” in the Pavlodar region, which is also expected to rely on coal-fired generation.

Uzbekistan Seeks Talks With U.S. on Seasonal Work Program

Uzbekistan will seek talks with the United States on allowing its citizens to work as seasonal laborers, President Shavkat Mirziyoyev announced at a recent foreign policy meeting. According to the president’s press secretary, Mirziyoyev noted that the U.S. government had simplified procedures last year for obtaining special visas for agricultural workers. He directed Uzbekistan’s ambassador in Washington to initiate talks aimed at securing Uzbekistan’s inclusion on the U.S. list of countries whose citizens can be recruited for seasonal employment. The initiative aims to expand access to legal, well-paid jobs for Uzbek citizens working abroad. The president said regional governors will now be required to build direct ties with developed countries and regions that actively recruit foreign labor. Mirziyoyev also tasked ambassadors with assuming a more active role in identifying high-income employment opportunities overseas. They are to assist in preparing citizens for these roles through vocational training and language instruction. He stressed the importance of signing bilateral labor migration agreements with countries including Japan, Sweden, Norway, Bulgaria, Austria, Croatia, Slovenia, Serbia, Greece, and Oman. The president again expressed concern over the number of Uzbek citizens residing abroad illegally. He cited last year’s migration amnesty in Russia, which benefited more than 150,000 Uzbek nationals, and instructed officials to intensify negotiations with other countries to help citizens secure legal employment. At the same time, he underscored the responsibility of migrants to comply with local laws. Supporting Uzbek labor migrants in countries with rising migration flows, particularly in Europe, will become a key responsibility for consular staff. Mirziyoyev also called for simpler registration procedures and fewer bureaucratic hurdles. The Times of Central Asia previously reported that the U.S. State Department plans to suspend the issuance of immigrant visas for citizens of Uzbekistan and 74 other countries starting January 21, adding urgency to Tashkent’s pursuit of alternative legal migration pathways.