• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00207 0%
  • TJS/USD = 0.10839 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00207 0%
  • TJS/USD = 0.10839 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00207 0%
  • TJS/USD = 0.10839 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00207 0%
  • TJS/USD = 0.10839 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00207 0%
  • TJS/USD = 0.10839 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00207 0%
  • TJS/USD = 0.10839 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00207 0%
  • TJS/USD = 0.10839 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00207 0%
  • TJS/USD = 0.10839 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%

Viewing results 1 - 6 of 37

Kazakhstan Breaks Ground on First Nuclear Power Plant

Kazakhstan has officially launched the construction of its first nuclear power plant, marking a significant milestone in the country’s long-term energy strategy. A groundbreaking ceremony was held on Friday in the Almaty region, in the south of the country. The project is being led by a consortium headed by Rosatom, Russia’s state nuclear energy corporation. The facility will be located near the village of Ulken on the shores of Lake Balkhash, approximately 400 kilometers from Almaty, Kazakhstan’s largest city. The plant will feature two reactors with a combined capacity of 2.4 gigawatts by 2035 and is expected to meet a substantial share of the country’s future electricity demand. According to Almasadam Satkaliyev, Chairman of the Atomic Energy Agency of the Republic of Kazakhstan, the total investment in the project is estimated at $14-15 billion. An additional $1 billion has been allocated for the development of social infrastructure in the surrounding region. “Today’s ceremony marks the start of engineering and survey work, a critical preparatory stage that will determine not only the final site and configuration of the plant, but also the safety, reliability, and economic efficiency of the entire project,” Satkaliyev said. Rosatom Director General Alexey Likhachev presented a model of the plant, which will be based on the design of Russia’s Novovoronezh Nuclear Power Plant and utilize Generation III+ reactor technology. This design is recognized for its improved fuel efficiency, advanced safety systems, and standardized construction process, which aims to reduce both construction and operational costs. Satkaliyev stressed that Kazakhstani enterprises and research institutions would play a central role in the project, with the aim of bolstering domestic industry, creating thousands of jobs, and advancing the country's nuclear science capabilities to international standards. According to the Agency’s press service, Satkaliyev recently met with Professor Jozef Konings, Dean of the Nazarbayev University Graduate School of Business, and Professor David Robinson of Duke University (USA) to discuss collaboration on nuclear workforce development. Discussions focused on potential joint academic programs, faculty exchanges, and international research partnerships. “Human capital development is a key pillar of the safe and sustainable introduction of nuclear technologies in Kazakhstan. I am confident that cooperation with leading academic institutions will contribute to forming a new generation of specialists capable of ensuring the safe and efficient operation of future nuclear power plants,” Satkaliyev stated. As previously reported by The Times of Central Asia, Kazakhstan plans to build at least three nuclear power plants. The second and third facilities are slated for development by the China National Nuclear Corporation (CNNC).

Kazakhstan’s Nuclear Diplomacy – With China Set to Build Second, Who Will Construct Third Nuclear Power Plant?

Kazakhstan’s famed hospitality, long enshrined in its national proverbs, has also become a guiding principle in its foreign policy. One recent example is the Kazakh government’s diplomatic maneuvering in the selection of partners for its nuclear power program. Leader of the Race Initially, Kazakhstan planned to build a single nuclear power plant by 2035 to address potential electricity shortages. However, following the October 6, 2024, referendum, where 71.12% of voters approved a plant in the Almaty Region, President Kassym-Jomart Tokayev instructed the government to explore the construction of at least two additional facilities. This directive, as it turns out, was both timely and strategic. In March 2025, the newly formed Atomic Energy Agency, reporting directly to the president, was tasked with overseeing the selection of international consortium leaders. On June 14, the agency announced that Russia’s state-owned Rosatom would lead the consortium to build Kazakhstan’s first nuclear power plant. Rosatom CEO Alexey Likhachev welcomed the decision, stating that the VVER-1200 Generation 3+ reactors, already operating in Russia and Belarus and selected by partners in Hungary, Egypt, Turkey, Bangladesh, and China, would be used. These reactors, he emphasized, meet international safety standards and integrate both active and passive safety systems. Tricks Up Their Sleeves Behind the scenes, the selection process revealed a quiet tug-of-war between Chinese and Russian interests. Ultimately, Rosatom prevailed, thanks, in part, to two strategic moves. First, Rosatom’s supporters enlisted Assystem, an ostensibly independent nuclear engineering consultancy, to assist Kazakhstan Atomic Power Plants LLP in the evaluation process. The firm’s analysis favored Rosatom. Second, to pre-empt concerns about Western sanctions, the Kazakh authorities emphasized that Kazakhstan would be the sole owner and operator of the facility. Atomic Energy Agency head Almasadam Satkaliev stated that Kazakhstan would control the entire production cycle from uranium mining to fuel processing and plant maintenance, thereby limiting direct Russian involvement post-construction. This arrangement may allow the creation of a Kazakh legal entity immune to Western sanctions, as it would be wholly state-owned. Whether this could offer Rosatom a loophole for acquiring restricted components remains an open question but one that few may press given the global interest in nuclear safety. Another Contender Emerges Just hours after Rosatom’s contract was announced, Satkaliev made a second, equally strategic statement: China National Nuclear Corporation (CNNC) would lead the construction of Kazakhstan’s second nuclear power plant. Satkaliev cited CNNC’s “strongest proposals” and revealed plans for a broader agreement on nuclear cooperation with China. “Objectively, few countries can master the entire nuclear cycle. China is one of them,” Satkaliev noted. Back in February, prior to the agency’s creation, Kazakhstan’s Ministry of Energy, then also led by Satkaliev, had identified Kurchatov and Aktau as potential sites for future nuclear facilities. Kurchatov lies near the former Semipalatinsk nuclear test site, while Aktau once hosted the Soviet-era BN-350 fast neutron reactor. The timing of Satkaliev’s announcement is no coincidence. Chinese President Xi Jinping is scheduled to visit Kazakhstan on June 16 for the second China-Central Asia Summit. For a nation that...

Rosatom Selected to Build Kazakhstan’s First Nuclear Power Plant

Kazakhstan has announced that the Russian nuclear energy corporation Rosatom will take the lead in constructing the country’s first nuclear power plant. This landmark project, which was greenlit following a national referendum, signals Kazakhstan’s commitment to diversifying its energy sources and marks a significant step in its energy strategy following years of massive energy deficits, which are projected to reach 3.3 billion kWh in 2025. The nuclear power plant will consist of two reactors and will be built near the village of Ulken, on the western shore of Lake Balkhash, approximately 400 kilometers northwest of Almaty. The plant is expected to have an electricity generation capacity of 2.4 gigawatts by 2035, meeting a significant portion of Kazakhstan's future energy needs. This project will restore Kazakhstan's nuclear power generation, which has been absent since the closure of the BN-350 reactor in 1999. Rosatom's selection follows a competitive bidding process that also included major international players, China National Nuclear Corporation (China), Électricité de France (France), and Korea Hydro & Nuclear Power (South Korea). The proposals were assessed based on criteria such as safety, cost, workforce training, nuclear fuel cycle cooperation, and social responsibility initiatives, with Rosatom’s proposal being deemed the most advantageous. Both President Tokayev and the Kazakh Atomic Energy Agency had previously highlighted the importance of forming an international consortium for the project given Kazakhstan’s multi-vector foreign policy. Given current geopolitical events, it remains unclear whether other parties would join a consortium headed by Russia. Efforts are currently underway to secure state export financing from the Russian Federation as part of Rosatom’s proposal. Kazakhstan is the world's largest uranium producer but has relied heavily on coal-powered plants for electricity generation, supplemented by hydropower and an increasing shift toward renewables. The coal industry currently provides fuel for approximately 70% of the nation’s electricity generation. The nuclear power pivot in the country’s energy strategy is aimed at reducing Kazakhstan’s dependency on fossil fuels, enhancing energy security, and addressing environmental concerns. As previously reported by The Times of Central Asia, over the past two decades, air pollution levels in Kazakhstan have remained persistently high despite numerous reform pledges and reductions in specific emissions. Economically, the plant is expected to improve Kazakhstan’s electricity supply reliability, support industrial growth, and create jobs in technology development, construction, and power plant operations. Speaking in January, former Minister of Energy Almasadam Satkaliyev stated that “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.” The project also includes plans for the localization of equipment and workforce training, ensuring long-term capacity building. Kazakhstan's selection of Rosatom as the lead in its first nuclear power project reflects a strategic blend of technological ambition, international collaboration, and energy diversification. “Rosatom has been actively involved in Kazakhstan’s nuclear sector for years, including uranium mining and nuclear fuel cycle activities,” James Walker, CEO and Head of Reactor Development at NANO Nuclear Energy told The Times...

Rosatom to Build 100 MW Wind Farm in Kyrgyzstan

Rosatom Renewable Energy, the wind power division of Russia’s State Atomic Energy Corporation Rosatom, has signed an investment agreement with Kyrgyzstan’s Cabinet of Ministers to construct and operate a 100 MW wind farm in Kok-Moinok village, located in the Issyk-Kul region The agreement was formalized by Taalaibek Ibraev, Kyrgyzstan’s Minister of Energy; Grigory Nazarov, Director General of Rosatom Renewable Energy; and Dmitry Andreyev, Director General of NovaWind Kyrgyzstan, LLC. The project represents Rosatom’s first export initiative in wind power generation. A ceremonial milestone was reached in September 2024 with the laying of a time capsule at the site of the future wind farm. Design and survey work, along with equipment procurement, is slated to begin in 2025. Rosatom's Broader Role in Kyrgyzstan Rosatom has been actively advancing strategic energy projects in Kyrgyzstan. In January 2022, the company and Kyrgyzstan’s Ministry of Energy signed a memorandum of cooperation to construct low-power nuclear power plants based on the RITM-200N reactor. Additionally, Rosatom is contributing to the development of Kyrgyzstan’s hydroelectric capacity, including the construction of the Leilek HPP (5.9 MW), Jerooy HPP (28 MW), and Chandalash HPP (30 MW). These efforts reflect the company’s diversified approach to strengthening the country's energy sector. Kyrgyzstan continues to face electricity shortages, particularly during the harsh winter months. To tackle this issue, the country is investing in a mix of renewable energy projects, including solar and wind farms, as well as large hydroelectric power plants. Rosatom’s 100 MW wind farm in Kok-Moinok is expected to play a significant role in diversifying Kyrgyzstan’s energy sources and enhancing energy security.

Kyrgyzstan Plans to Reclaim All Uranium Tailings Dumps

Kyrgyz President Sadyr Japarov addressed the pressing issue of uranium waste during the People's Kurultai (national congress), emphasizing ongoing efforts to reclaim radioactive tailing dumps across the country. According to Japarov, many tailing dumps were constructed during the Soviet era along riverbanks and in headwaters used by local communities for domestic water supply. “We turned to Russia, as the legal successor of the USSR, for assistance. Rosatom allocated RUB 2.1 billion ($20 million). Work is now underway to relocate radioactive waste from hazardous areas to safer locations,” Japarov stated. Japarov highlighted the completion of uranium waste reclamation in Issyk-Kul Oblast, where nuclear waste had posed a threat to Lake Issyk-Kul. Without intervention, the region faced the risk of an ecological disaster. Efforts in Naryn region are also nearing completion, and attention will soon turn to tailing dumps in southern Kyrgyzstan. Local residents have noted that uranium mined in this area was used in the first Soviet atomic bomb. The tailing dump in Jalal-Abad region is particularly concerning due to its potential impact on neighboring Uzbekistan. Toxic waste from the site threatens the region’s ecology through contamination of a local river. Russian companies tasked with reclaiming five tailing dumps in Naryn and Jalal-Abad regions will be exempt from taxes, as previously reported by The Times of Central Asia. This collaboration is part of an agreement to address Kyrgyzstan’s most dangerous uranium waste sites​. According to Kyrgyzstan’s Ministry of Emergency Situations, the country is home to 92 burial sites containing toxic and radioactive materials.

Rosatom Exits Key Uranium Ventures in Kazakhstan Amid Strategic Shifts

Uranium One Group, a subsidiary of State Atomic Energy Corporation Rosatom. has announced its withdrawal from uranium projects in Kazakhstan. This decision coincides with Kazakhstan’s ongoing selection of operators for a consortium tasked with constructing the country’s first nuclear power plant. According to Kazatomprom (KAP), Uranium One Group has sold its 49.979% stake in the Zarechnoye joint venture to SNURDC Astana Mining Company Limited. The ultimate beneficiary of the acquiring party is China’s State Nuclear Uranium Resources Development Co., Ltd. Kazatomprom retains its 49.979% stake in the venture. The Zarechnoye joint venture, operational since its discovery in 1977, extracts uranium from the Zarechnoye deposit in Kazakhstan’s Turkestan region. As of early 2024, the deposit holds approximately 3,500 tons of uranium ore, with mining operations expected to conclude by 2028. In addition, Uranium One Group is set to divest its 30% stakes in the Khorasan-U and Kyzylkum joint ventures to China Uranium Development Company Limited, a subsidiary of China General Nuclear Power Corporation (CGN). The transaction awaits the completion of closing procedures. Kazatomprom’s share in these ventures remains unchanged, with 50% ownership in Khorasan-U and a 50% indirect interest in Kyzylkum. Khorasan-U operates in the Zhanakorgan district of the Kyzylorda region, mining uranium from the Khorasan-1 section of the North Khorasan deposit. This deposit contains reserves of approximately 33,000 tons of uranium as of 2024, with mining projected to continue until 2038. Meanwhile, Kyzylkum focuses on processing uranium from Khorasan-U but does not hold subsoil usage rights, restricting its activities to processing. Kazatomprom has prioritized replenishing its mineral resource base, recently securing four new licenses for uranium exploration. These areas are estimated to contain over 180,000 tons of uranium, which Kazatomprom plans to develop independently. In November 2023, Kazakhstan’s Ministry of Ecology and Natural Resources reported environmental violations at the Zarechnoye joint venture. Soil samples revealed excessive concentrations of sulfuric acid, prompting authorities to issue directives for remediation. Kazakh political analyst Daniyar Ashimbayev highlighted that Kazatomprom oversees 14 subsidiaries, including joint ventures with Japan, France, Russia, Kyrgyzstan, and China. These partnerships underscore Kazakhstan’s significant role in the global uranium market. China and Russia remain the largest importers of Kazakh uranium. From January to October 2023, Kazakhstan exported $2.46 billion worth of uranium, with $922.7 million going to China and $1.2 billion to Russia. Several nations are vying for inclusion in the consortium that will construct Kazakhstan’s first nuclear power plant. During a state visit to Kazakhstan, Russian President Vladimir Putin emphasized Rosatom’s advanced nuclear technologies. Valentina Matvienko, Speaker of Russia’s Federation Council, underscored Kazakhstan’s interest in Rosatom’s involvement. However, President Kassym-Jomart Tokayev has yet to finalize the decision. Kazakhstan’s Energy Minister, Almasadam Satkaliyev, has recently visited South Korea, France, and China to explore nuclear energy partnerships. Political analyst Gaziz Abishev affirmed this diplomatic outreach as a strategic effort to secure the most advantageous terms for Kazakhstan, ensuring that competing nations present their best proposals.