• KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
13 September 2026

Viewing results 1 - 6 of 21

Kazakhstan Nuclear Power Plant Contract Signed with Rosatom

Kazakhstan has formalized plans to build its first nuclear power plant, signing the main construction contract with Russia’s Rosatom for a two-reactor facility near Lake Balkhash. The plant, preliminarily estimated to cost around $16.4 billion, will have a combined capacity of about 2.4 gigawatts, with most of the financing expected to come through a Russian state export loan. Rosatom was selected to lead the project in June 2025, meaning the latest agreement formalizes a decision made more than a year ago. Major construction work is expected to begin in 2027. The contract was signed on September 3 in Vladivostok during the Eastern Economic Forum. Kazakhstan Nuclear Power Plants, the state-owned company established to implement nuclear projects, signed the agreement with Atomstroyexport, Rosatom’s engineering subsidiary. The contract covers engineering, equipment supply, and construction of the plant. Almassadam Satkaliyev, chairman of Kazakhstan’s Atomic Energy Agency, said after the signing that Rosatom is expected to obtain the necessary site license in 2027, allowing construction to begin. He had previously identified 2034 as the target for bringing the first unit online, while the full construction cycle is expected to take about a decade. The nuclear power plant will be built near the village of Ulken on the western shore of Lake Balkhash, about 400 kilometers from Almaty. It will consist of two Russian-designed VVER-1200 reactors with a combined capacity of around 2.4 gigawatts. That is equivalent to about 9% of Kazakhstan’s current installed generating capacity. Site preparation began in the summer of 2025. Specialists started engineering surveys and drilling wells to study the site’s suitability for the plant. Kazakhstan is returning to nuclear power generation after more than a quarter of a century. The Soviet-built BN-350 reactor in Aktau, which supplied electricity and district heating and supported large-scale seawater desalination, ceased operations in 1999. Kazakhstan has had no operating nuclear power reactors since then. In October 2024, the construction of a new nuclear power plant was put to a nationwide referendum, with a majority of participating voters supporting the proposal. In June 2025, Kazakhstan selected Rosatom to lead the international consortium for the project. The Russian proposal ranked first among four options considered, alongside bids from China’s CNNC, France’s EDF, and South Korea’s KHNP. The preliminary cost of the nuclear power plant is estimated at around $16.4 billion. Of that amount, approximately $14.4 billion is expected to cover the two generating units, with another roughly $2 billion allocated for infrastructure, physical protection systems, and fuel for the warranty period. Most of the project is expected to be financed through a Russian state export loan. The detailed financing terms have not yet been made public. Kazakhstan is also allocating its own funds. The draft national budget for 2027-2029 earmarks 818.3 billion tenge, or about $1.7 billion, to increase the capital of Kazakhstan Nuclear Power Plants. Of that amount, 247.9 billion tenge is planned for 2027, 303.1 billion for 2028, and 267.3 billion for 2029. Kazakh authorities intend to involve domestic companies in construction, equipment manufacturing, and the...

Uzbekistan Nuclear Power Plant Targets More Local Production in $9.5 Billion Project

Construction is underway on Uzbekistan’s first nuclear power plant, a $9.5 billion project in the Jizzakh Region. The government wants Uzbek companies to take on a larger share of construction and equipment production, while work is also beginning on infrastructure and a new town alongside the plant. The project entered the construction phase on June 4. Excavation for the reactor building has now been completed, with more than 1 million cubic meters of soil removed. Uzbek-made products are currently expected to account for 21% of the project, or about $1.9 billion. Authorities want to raise that share to at least 30%, while local companies are expected to carry out 65% of construction and installation work. The government says up to 7,000 Uzbek workers and specialists could be involved at different stages of construction. For now, however, the project remains reliant on foreign expertise: the general contractor is Atomstroyexport, the engineering division of Russia’s state nuclear corporation Rosatom. As part of the push to increase local participation, authorities plan to create a 200-hectare industrial zone in the Forish District. It could host at least 100 joint ventures, with local production established in 15 areas, including through the transfer of foreign technology. The government is also preparing tax and customs incentives intended to encourage local production. The Jizzakh project has expanded significantly since it was first agreed. The original deal with Rosatom envisaged a small nuclear power plant consisting of six RITM-200N reactors. The concept was later revised: the integrated complex is now planned to combine two large VVER-1000 units with two RITM-200N small modular reactors. The plant will also require extensive supporting infrastructure, including new power lines, 120 kilometers of water pipelines, 40 kilometers of roads, and 11 kilometers of railway. Authorities want locally produced goods and services to account for 60%-70% of this infrastructure work. A separate town for plant employees and their families is planned next to the site. Around 10,000 homes and apartments for nearly 33,000 people are expected to be built on 200 hectares. Uzbekistan is also developing the technical and regulatory capacity needed to oversee a project of this scale. The government is considering a joint venture with foreign engineering companies to provide independent technical assessments during construction. In June, a mission from the UN’s International Atomic Energy Agency (IAEA) visited Uzbekistan to review the country’s progress in developing the national infrastructure needed for a nuclear power program. The reliance on foreign expertise has also prompted efforts to train a domestic nuclear workforce. Since 2023, 216 students have graduated from the Tashkent branch of Russia’s National Research Nuclear University MEPhI. Of these, 83 are continuing their master’s or postgraduate studies at institutions abroad. Around 100 more future nuclear industry specialists are studying at four higher education institutions in Uzbekistan. Uzbekistan’s nuclear plans are developing as electricity consumption grows rapidly. The country is simultaneously building solar and wind power plants, developing hydropower, and seeking to reduce the amount of natural gas burned to generate electricity. The nuclear plant is...

Uzbekistan and Kazakhstan Coordinate on Nuclear Plant Safety

Uzbekistan is building its first nuclear power plant and preparing a second, while Kazakhstan intends to build at least three. Central Asia’s two largest economies are entering nuclear power at almost the same time. Even before their first reactors come online, the two countries are beginning to coordinate on safety and environmental monitoring, including potential transboundary impacts. On August 21, representatives of the two countries met in Tashkent and agreed on the main areas of further cooperation, including a road map and follow-up steps. The meeting came four days after a new announcement by Uzbekistan’s President Shavkat Mirziyoyev. On August 17, he said preparations were under way for a second nuclear power plant, although the country’s first nuclear complex in the Jizzakh region is only at the initial stage of construction. The location, capacity, timetable, and technology partner for the new plant have yet to be announced. Uzbekistan’s nuclear project has expanded considerably over the past two years. In 2024, Tashkent and Russia’s State Atomic Energy Corporation Rosatom agreed to build a small nuclear power plant with six 55 MW RITM-200N reactors. The configuration was later revised to an integrated plant in the Forish district of the Jizzakh region, comprising two large VVER-1000 units and two small RITM-200N reactors. The complex will have a total capacity of about 2.1 GW. Construction formally began on June 4, 2026, when concrete was poured for the first reactor unit. A technical launch of the first small reactor is planned for late 2029, while the first large unit is expected to begin operating in 2033. The entire complex is expected to be operational by 2035. Official projections of annual generation range from about 15.4 billion to 17.2 billion kWh. Rapidly growing electricity demand is driving discussion of a second plant. Uzbekistan needs more generating capacity as industry and new urban projects grow and the population approaches 40 million. Natural gas remains the backbone of power generation, but the government is also expanding solar and wind energy. Nuclear power is intended to provide baseload electricity around the clock, regardless of weather conditions. Kazakhstan is the world’s largest uranium producer and has the world’s second-largest uranium reserves, but it currently has no operating commercial nuclear power reactors. In a nationwide referendum in October 2024, voters approved the construction of a nuclear power plant. The country’s first plant is planned near the village of Ulken on the shore of Lake Balkhash, with Rosatom selected to lead the international consortium for the project.   A nuclear industry development strategy approved in April 2026 calls for Kazakhstan to have at least three nuclear power plants by 2050. It also covers nuclear science and workforce training, along with the management of radioactive waste and spent nuclear fuel. China National Nuclear Corporation has been selected to build Kazakhstan’s second plant; in July 2025, Roman Sklyar, then the country’s first deputy prime minister, said China would also build the third. The April 2026 strategy is less specific, however, and lists small modular...

Uzbekistan Plans Second Nuclear Power Plant Before First Is Ready

Uzbekistan will soon begin preparations for the construction of a second nuclear power plant (NPP), President Shavkat Mirziyoyev announced during an August 17 visit to Khorezm region. The announcement came a little more than two months after construction officially began on the country’s first NPP. The authorities have not yet disclosed where the new plant will be located or how much capacity it will have. They have also not named a technology partner. Discussing energy in connection with new industrial projects, Mirziyoyev said investors need an acceptable electricity price and a guarantee of uninterrupted supply. Uzbekistan is building its first NPP with the participation of Russia’s state nuclear corporation Rosatom. On June 4, first concrete was poured for the foundation of the first unit of the integrated NPP in Farish district, Jizzakh region, officially marking the start of construction. Mirziyoyev and Russian President Vladimir Putin launched the project by video link. International Atomic Energy Agency (IAEA) Director General Rafael Grossi also participated in the ceremony. The project itself has changed considerably over the past two years. In 2024, Uzbekistan and Russia agreed to build a small nuclear power plant with six RITM-200N reactors, each with a capacity of 55 MW. Tashkent later decided to combine small modular and large-scale nuclear generation at a single site. Under the current configuration, the Jizzakh project will have two large VVER-1000 units and two small RITM-200N units. The complex will have a total capacity of 2.11 GW and is expected to generate about 15.4 billion kWh of electricity annually. The first small reactor is expected to come online in 2029. The first large unit could begin operating in 2033, with the entire complex expected to be commissioned by 2035. Plans for a second NPP come as electricity demand is rising rapidly. Uzbekistan’s 2020–2030 electricity plan aimed to raise annual generation from 63.6 billion kWh to 120.8 billion kWh by 2030. A more recent government forecast puts electricity consumption at 121 billion kWh by 2035. Some of the growing demand is expected to be met by solar and wind power. Nuclear energy is intended to provide baseload generation, including for industry. Mirziyoyev specifically linked preparations for the second plant to investors’ need for a stable electricity supply. Uzbekistan is therefore expanding its nuclear program before its first reactor has entered operation. The country is continuing to develop the infrastructure and expertise needed for the new industry. Following a June review, the IAEA said Uzbekistan had made significant progress but needed to complete work on its nuclear regulatory body and finalize feasibility studies. So far, Mirziyoyev has said only that preparations for the second NPP will begin. Its cost, timetable, capacity, and technology have not been announced, nor has a potential contractor been named. The first NPP involves long-term cooperation with Russia’s nuclear industry. Rosatom is participating in the project, which will use its reactor technology. Mirziyoyev said in June that Uzbekistan planned further nuclear power projects with Russia, but whether the same model will be used for the second plant or Tashkent will consider...

Kazakhstan Plans to Build at Least Three Nuclear Power Plants by 2050

Kazakhstan plans to build at least three nuclear power plants (NPPs) by 2050, with implementation of the first project already underway, the country’s Atomic Energy Agency has said. The nuclear energy development strategy aims to ensure energy security, support sustainable economic growth, and meet international climate commitments, while fostering high-tech industries and strengthening Kazakhstan’s position in the global nuclear sector. “According to the Strategy, by 2050, at least three nuclear power plants will be operating in the Republic of Kazakhstan. The first NPP project is already being implemented, construction of the second is under consideration, and for the third NPP, the potential use of small modular reactor technologies is being explored,” the agency said. In addition to plant construction, the strategy provides for the rational use of uranium resources, localization of equipment and nuclear fuel production, and the development of national industrial capacity. Particular attention is being given to advancing nuclear science and applied technologies, creating a modern scientific and technological base, and establishing a system for training qualified personnel. The document also outlines measures for the safe management of radioactive waste and spent nuclear fuel to minimize environmental risks. Plans include the introduction of digital solutions and ensuring a high level of information security at nuclear facilities. “The implementation of the Strategy will enable the creation of a modern and sustainable nuclear cluster in Kazakhstan, integrated into the global nuclear ecosystem,” the agency said. A Center of Competence for NPP construction will be established on the basis of Kazakhstan Nuclear Power Plants. This entity will serve as a project office, general contractor, and holder of state equity stakes in future plants. In the longer term, the country plans to create a specialized nuclear energy holding company that will unite project and operating organizations in the sector. According to expert estimates, construction of a single nuclear power plant will require up to 10,000 workers, including more than 3,000 technical specialists. “In this regard, active work is underway to update technical and vocational education programs,” the agency said. “Particular attention is being paid to training specialists such as turbine equipment operators, electricians, NPP equipment installers, and technicians responsible for plant operation and safety.” Programs for applied bachelor’s degrees in nuclear energy are also being developed, along with new specialties, including reactor equipment operators. The first plant will use Generation III+ reactors, which feature enhanced reliability and modern safety systems, including passive protection mechanisms capable of operating without human intervention or external power supply. According to the agency, the project incorporates international experience, including lessons learned from the Fukushima Daiichi nuclear accident in Japan, and includes measures to prevent radioactive releases even in severe emergencies. Contracts for the construction of the second and third NPPs have been awarded to China National Nuclear Corporation, while the first plant will be built by Russia’s state corporation Rosatom. The site for the first plant is located in the village of Ulken in the Almaty region, on the shores of Lake Balkhash, approximately 400 km northwest...

Kyrgyzstan Weighs Nuclear Power as Rosatom Talks Advance

Kyrgyzstan is still in talks with Russia’s state-owned nuclear power company Rosatom about building a nuclear power plant (NPP) in Kyrgyzstan. But on March 3, Kyrgyz Deputy Chairman of the Cabinet of Ministers, Daniyar Amangeldiyev, was already speaking about conducting a national referendum on the construction of a nuclear power plant. It is clear why Rosatom is anxious to build the NPP, but it is less clear why Kyrgyzstan needs it. Kyrgyzstan’s Road to Nuclear Power Rosatom is active in Central Asia, receiving the contract to build Kazakhstan’s first NPP in June 2025. Uzbekistan had already signed a contract with Rosatom in May 2024, and in late March 2026, the first concrete was poured for the NPP that Rosatom is constructing in Uzbekistan. At first glance, Central Asia might not seem like an ideal market for nuclear power. But after Russia’s full-scale invasion of Ukraine in February 2022, Finland canceled its contract for Rosatom to build the Hanhikivi-1 NPP, and while several  European countries are building or considering building NPPs, Hungary is the only country committed to partnering with Rosatom. With limited prospects for new contracts in Europe, Rosatom is likely to focus on securing additional deals in non-European markets to expand its already extensive portfolio. Kyrgyzstan’s Energy Ministry and Rosatom signed a Memorandum of Understanding for a small NPP in January 2022. The initial plan for Kyrgyzstan’s NPP was to build a small RITM-200N with a 55-megawatt (MW) capacity. In May 2025, Director General of Rosatom, Alexey Likhachev, said his company was offering Kyrgyzstan a modular NPP project that could generate anywhere from 110 MW to 440 MW using RITM-200N reactors, equivalent to two to eight units. In late March 2026, Likhachev said current talks with Kyrgyzstan were not only focused on the construction of a small NPP but also a medium-sized NPP. Kyrgyz Deputy Chairman of the Cabinet of Ministers Amangeldiyev said in June 2025 that Kyrgyz officials and Rosatom representatives were already looking at potential sites for the NPP. Reports about the planned NPP in Kyrgyzstan don’t mention the cost of construction, and it remains unclear how many and what size reactors will be installed. According to Uzbek officials, the six 55-MW units that Rosatom was initially contracted to build (the project has since changed) would have cost “less than $2 billion.” An Agreement or Not In March 2024, Kyrgyzstan’s Deputy Energy Minister Taalaybek Baygaziyev signed an agreement with Rosatom on the development and implementation of the NPP investment project. In September 2025, Altynbek Rysbekov was appointed Kyrgyzstan’s Deputy Energy Minister, and he said, “There is a possibility of building a (nuclear power) station, but no fundamental decision has been made yet.” However, Rysbekov’s further comments indicated he supported the idea of building an NPP in Kyrgyzstan, and he reconfirmed that the search for an appropriate site for the NPP continued. On April 3, 2026, Amangeldiyev said negotiations with Rosatom are continuing. “We are collaborating with Rosatom on infrastructure development and personnel training,” Amangeldiyev stated. “Only after...