The wind power station with a capacity of 1 GW will be put into operation in 2026-2027 in Zhambyl region in the south-east of Kazakhstan. This will increase the total generation of renewable energy facilities in our country by almost 50%. Samruk-Kazyna JSC, KazMunayGas and the French Total Eren will finance the construction of the station using the borrowed capital. The preliminary cost of the project is USD1.9 billion.  

The uniqueness of the project lies in the fact that the renewable power station will be supplemented with an electricity storage system for the first time in Kazakhstan. This will smooth out the natural fluctuations of renewable generation, accumulate excess electricity, which will ensure the stability of the power grid. 
Samruk-Kazyna (20%), KazMunayGas (20%), and Total Eren (60%) have signed the Term Sheet for the project implementation in Paris. The document formalizes the main conditions for the creation of a joint venture, equity interests, terms and form of the transaction, sources of financing, etc.

The signing took place at the Kazakh-French Investment Round Table, which was held during the visit of the President of Kazakhstan to France. The document was signed by Almassadam Satkaliyev, the CEO of Samruk-Kazyna, Magzum Mirzagaliyev, the CEO of KMG, and Fabien Demol, the Executive Vice President, Head of the Global Business Development Department of Total Eren.

Nuclear industry

In addition, Samruk-Kazyna JSC and the French Assystem signed a memorandum of understanding, which provides for the possibility of personnel training and technical advice on the NPP construction project in Kazakhstan.
Kazatomprom and Orano Mining signed a memorandum of understanding on the extraction of uranium ore to produce fuel for nuclear power plants.

Petrochemistry and new locomotives

In addition, the Kazakhstani delegation met with other large French companies. Following the negotiations, KazMunayGas signed a cooperation agreement with Air Liquide, one of the world leaders in the field of petrochemistry. 

QazaqGaz signed agreements with Technip Energies, MEDEF International and France Hydrogen. The parties agreed on cooperation on gas processing, energy transition within the framework of reducing the carbon footprint, as well as on the exchange of experience in gas processing and strengthening competencies in the gas industry based on the scientific and technical center “QazaqGaz STC”.

The KTZh management concluded the agreement with the Société Générale bank on a long-term contract with the car building company, Alstom. According to the document, in the period 2023-2029, Alstom will produce at the Kazakhstan plant EKZ and supply 245 electric locomotives for JSC NC Kazakhstan Temir Zholy. The document was signed by Nurlan Sauranbayev, the CEO of KTZh, and Denis Stas de Richelle, the Head of Corporate Business and Consulting of Société Générale. 

Many other well-known French companies also participated in the negotiations and expressed interest in cooperation with Kazakhstan. Among them - Airbus and Safran (aircraft construction), Vicat and Saint Gobain (construction), Orano (nuclear industry), Thales (electronics), Soufflet Group and Laxtalis (agriculture), BPI France (bank).

For information:

Total Eren is the subsidiary of Total Energies engaged in renewable energy. The company is already building two solar power plants in Kazakhstan: with a capacity of 28 MW in Kyzylorda and 100 MW in Zhambyl region.

Assystem is an independent engineering group based in Paris (France). It renders services for the design, supervision of construction, commissioning and operation of energy and industrial facilities. Today, Assystem participates in nuclear power plant reactor construction projects in France, Finland and China. As part of the Akkuyu NPP in Turkey, Assystem oversees the construction of facilities key to nuclear safety.