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    Economics Kazakhstan

    Qatar's Nebras Power plans to construct hydroelectric power station in eastern Kazakhstan

    Qatar's Nebras Power plans to construct hydroelectric power station in eastern Kazakhstan

    Plans to construct a hydroelectric power station (HPP) in the eastern region of Kazakhstan have emerged following discussions between Nurlan Zhakupov, Chairman of Samruk-Kazyna, and executives from Nebras Power, a prominent energy conglomerate based in Qatar. The project, which is set to be situated along the Irtysh River, aims to generate up to 350 MW of electricity.

    Fund’s Telegram channel reports that, Zhakupov revealed that Samruk-Energo is currently engaged in developing a preliminary feasibility study for the HPP initiative. The completion of this study is slated for September of the ongoing year, wherein the preliminary cost of the project will also be determined.

    Nebras Power, headquartered in Doha, Qatar, operates as an energy and investment firm with a diverse portfolio spanning across various regions globally. With investments in the Middle East, Southeast Asia, Sub-Saharan Africa, Eastern Europe, Central Asia, and Latin America, the company has established itself as a key player in the international energy sector.

    Nebras Power has previously announced plans for a significant renewable energy venture in Uzbekistan. Teaming up with the Japanese Sojitz Corporation, the company is gearing up to construct a wind power plant with an impressive capacity of 1 GW in the Navoi region of Uzbekistan. The project, set to be executed through joint financing, underscores Nebras Power's commitment to advancing sustainable energy solutions in collaboration with strategic partners.

    Follow Daryo's official  Instagram  and  Twitter  pages to keep current on world news.

    10.05.2024, 19:35   Comments (0)   2106
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