• Спецпроекты
  • Weather forecast
    • Exchange Rates
    • 417.83
    • 504.7
    • 5.6
  • SEND YOUR NEWS TO US WhatsApp +7 (777) 001 44 99
  1. Main
  2. Learn
  3. Industry
  4. Industry, Infrastructure

Launch of Balkhash thermal power plant might be postponed 23 октября 2015, 16:15

We expected the power plant to be launched in 2018. However, with modernization of the already operating power plants and a decrease in consumption, the actual demand for the Balkhash power plant capabilities will be seen around 2022: Vice Minister of Energy.

samruk-energy.kz samruk-energy.kz

Commissioning of the Balkhash thermal power plant (due in 2018) might be postponed to 2022, according to the country’s Vice Minister of Energy Bakhytzhan Dzhaksaliyev. He made the statement at the 48th sitting of the CIS Electric Power Industry Board.

The respective agreement between governments of Kazakhstan and South Korea on the Balkhash thermal power plant to be jointly constructed on the south-west shore of the Balkhash Lake close to Ekibastuz coal mine was signed back in 2011. Kazakhstan ratified the agreement in April 2013.

Tengrinews.kz reported earlier that the first two power generating units of the thermal power plant were to be commissioned in 2013, with the other two units being placed into operation in 2016. The design capacity of the power plant is 2 640 megawatt. The facility is be located on the south-west shore of the Balkhash Lake close to Ekibastuz coal mine.South Korea’s KEPCO and Samsung hold 75% minus one share, with the Kazakhstan Government holding 25% plus one share.

“Earlier we expected the power plant to be put in operation in 2018. However, with modernization of the already operating power plants and a decrease in consumption, the actual demand for the Balkhash power plant capabilities will be seen around 2022”, Newskaz.ru cited Bakhytzhan Dzhaksaliyev as saying to journalists in Almaty today.

According to him, the shareholders are considering new proposals from lenders as the latter have toughened their requirements to the project.

“The lenders are putting forward new conditions. In times of economic downturns any lenders tend to toughen their lending conditions. Now the shareholders are studying the new conditions”, he said.


Nobel prizewinner proposes a new city in KZ
New abnormal snowfalls expected in Kazakhstan
Huge glacier retreat triggered in 1940s
Hyperloop construction begins in Las Vegas
"Moonlight" to top Spirit Awards nominations
Oil prices fall due to investors uncertainty
New dwarf galaxy discovered around Milky Way
Kanat Islam becomes a top ten WBO boxer
World oil prices continue to rise
Kazakhstan expects warming - Kazhydromet
Merkel to seek fourth term as chancellor
Sale of Tintin drawings set to break records
US, EU stocks fall as markets focus on dollar
Pacific leaders urged to defend free trade
EU warns eight nations on budget deficit
Universiade-2017: Athletic Village is ready
Bob Dylan can't make Nobel ceremony
Messi will never leave Barca - club president
Google, Facebook take aim at 'fake' news
Aerosmith announces Europe 'farewell' tour
Putin, Trump to normalise US-Russia ties
At least 10 hurt in southern Turkey blast
6.2 quake hits western Japan