Latest news with #Almaty
Asharq Al-Awsat
6 days ago
- Business
- Asharq Al-Awsat
Russia's Rosatom to Lead Consortium to Build First Nuclear Power Plant in Kazakhstan
Russia's state nuclear corporation Rosatom and state-owned China National Nuclear Corporation have been tapped to lead separate consortiums to build the first nuclear power plants in Kazakhstan, the country's atomic energy agency said on Saturday. Other proposals came from the state-owned China National Nuclear Corporation, as well as French and South Korean companies. It was not immediately clear which other companies would participate in the Rosatom-led consortium, nor the cost and timeline of Rosatom's proposal. The two-reactor plant will be built in the village of Ulken, about 400 km northwest of Almaty, the commercial capital. In October, Kazakhstan voted in a referendum, backed by its president, in favor of constructing nuclear power plants. The country says it plans to have 2.4 gigawatts of nuclear capacity by 2035. The oil- and gas-rich nation of 20 million has not had any nuclear power generation capacity since 1999, when the BN-350 reactor on the shores of the Caspian Sea was decommissioned. The Kazakh atomic energy agency, established this March, said it had reviewed various proposals for reactor technologies and assessed them based on nuclear power plant safety, personnel training and other criteria. The agency 'determined that the most optimal and advantageous proposals for the construction of a nuclear power plant in Kazakhstan were those received from the Russian company Rosatom,' it said. 'Currently, in accordance with Rosatom's proposals, work has begun on the issue of attracting state export financing from the Russian Federation.' Russian President Vladimir Putin visited Kazakhstan in November and discussed boosting energy and industry ties with the country, which exports most of its oil through Russia but is exploring alternatives. In an article for the Kazakhstanskaya Pravda newspaper, Putin wrote that Rosatom, already involved in some projects in Kazakhstan, 'is ready for new large-scale projects.' In October, Kazakhstan voted in a referendum in favor of constructing its first nuclear power plant. The plan, backed by President Kassym-Jomart Tokayev, faced criticism from some Kazakhs. Kazakhstan is one of the world's biggest uranium producers but currently relies mostly on coal-powered plants for its electricity, supplemented by some hydroelectric plants and the growing renewable energy sector. Rosatom, created by a presidential decree in 2007, says it is the only company in the world that has all technologies of the nuclear fuel cycle, from uranium mining and nuclear research to building, fueling and running nuclear power plants.
CNA
7 days ago
- Business
- CNA
Russia to build Kazakhstan's first nuclear power plant
ALMATY, Kazakhstan: Russian nuclear energy giant Rosatom will lead the construction of the first atomic power plant in Kazakhstan, the world's top uranium producer, the Central Asian country's authorities said on Saturday (Jun 14). "Rosatom has been named as the leader of the international consortium for the construction of the first nuclear power plant in Kazakhstan," the former Soviet republic's nuclear power agency said in a statement. Kazakhstan, a vast resource-rich country in Central Asia, is currently the world's top uranium producer, providing 43 per cent of supplies. It does not produce enough electricity to meet domestic consumption needs. The new power plant, whose construction was approved in a referendum in late 2024, will be built near the half-abandoned village of Ulken near Balkhash Lake. The lake, located in the southeast, is the country's second largest. China's National Nuclear Corporation, France's EDF and South Korea's Hydro and Nuclear Power had all bid to build the plant. In their announcement on Saturday, the Kazakh authorities said that the three companies would be included in the consortium led by Rosatom but did not provide any details. Observers say the idea of the consortium is a way for authorities to maintain good relations with all the countries involved but is unlikely to come to fruition and Rosatom will end up building the plant by itself. Kazakh President Kassym-Jomart Tokayev has sought to keep good relations both with former colonial power Russia and with China, which borders the country to the east and finances major infrastructure projects in the region. Rosatom has proposed financing the project and work will now begin to thresh out the details, the statement said. The announcement comes a few days before Chinese leader Xi Jinping is due to visit Kazakhstan for a "China-Central Asia" summit. Kazakhstan had nuclear power plants when it was part of the Soviet Union, in addition to hosting Soviet nuclear weapons. It was also the site for Soviet nuclear testing. After the break-up of the USSR in 1991, the new country gave up its nuclear weapons, along with other ex-Soviet states Belarus and Ukraine.
Yahoo
7 days ago
- Business
- Yahoo
Russia's Rosatom to lead consortium to build first nuclear power plant in Kazakhstan
ASTANA (Reuters) -Russia's state nuclear corporation Rosatom has been tapped to lead an international consortium to build the first nuclear power plant in Kazakhstan, the Central Asian country's atomic energy agency said on Saturday. Other proposals came from the state-owned China National Nuclear Corporation, as well as French and South Korean companies. It was not immediately clear which other companies would participate in the Rosatom-led consortium, nor the cost and timeline of Rosatom's proposal. There was no immediate comment from Rosatom. The two-reactor plant will be built in the village of Ulken, about 250 miles (400 km) northwest of Almaty. Kazakhstan plans to have 2.4 gigawatts of nuclear capacity by 2035. The oil- and gas-rich nation of 20 million has not had any nuclear power generation capacity since 1999, when the BN-350 reactor on the shores of the Caspian Sea was decommissioned. The Kazakh atomic energy agency, established this March, said it had reviewed various proposals for reactor technologies and assessed them based on nuclear power plant safety, personnel training and other criteria. The agency "determined that the most optimal and advantageous proposals for the construction of a nuclear power plant in Kazakhstan were those received from the Russian company Rosatom," it said. "Currently, in accordance with Rosatom's proposals, work has begun on the issue of attracting state export financing from the Russian Federation." Russian President Vladimir Putin visited Kazakhstan in November and discussed boosting energy and industry ties with the country, which exports most of its oil through Russia but is exploring alternatives. In an article for the Kazakhstanskaya Pravda newspaper, Putin wrote that Rosatom - already involved in some projects in Kazakhstan - "is ready for new large-scale projects". In October, Kazakhstan voted in a referendum in favour of constructing its first nuclear power plant. The plan, backed by President Kassym-Jomart Tokayev, faced criticism from some Kazakhs concerned by the involvement of a neighbour that has invaded another, Ukraine. Kazakhstan is one of the world's biggest uranium producers but currently relies mostly on coal-powered plants for its electricity, supplemented by some hydroelectric plants and the growing renewable energy sector. Rosatom, created by a presidential decree in 2007, says it is the only company in the world that has all technologies of the nuclear fuel cycle, from uranium mining and nuclear research to building, fuelling and running nuclear power plants. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Zawya
05-06-2025
- Business
- Zawya
Air Arabia Abu Dhabi takes off to Almaty
Air Arabia Abu Dhabi, the capital's first low-cost carrier, has launched its inaugural flight between Abu Dhabi and Almaty, Kazakhstan. Starting from June 3 with a frequency of three weekly flights, the new route underscores the airline's continued commitment to enhancing connectivity between the UAE Central Asia. The flights will be operated on Tuesday, Friday and Sunday. 'We are pleased to inaugurate our non-stop service between Abu Dhabi and Almaty, a route that underscores our commitment to expanding affordable travel options across key international destinations directly from the UAE capital,' said Adel Al Ali, Group Chief Executive Officer of Air Arabia. 'This launch offers passengers the opportunity to explore the rich cultural heritage and natural beauty of one of Central Asia's most vibrant cities, while also providing travellers from Kazakhstan with seamless access to the dynamic capital of the UAE.' Elena Sorlini, Managing Director and Chief Executive Officer at Abu Dhabi Airports, said: " The launch of Air Arabia Abu Dhabi's direct service to Almaty marks a valuable addition to our growing network at Zayed International Airport. This new connection enhances travel options for our passengers and reflects our ongoing efforts to strengthen Abu Dhabi's position as a key global hub. We look forward to seeing the positive impact this route will have in promoting tourism, cultural exchange, and economic collaboration between the UAE and Kazakhstan.' This new route further strengthens Air Arabia Abu Dhabi's expanding network, reinforcing its commitment to delivering value-driven connectivity across key global markets. Air Arabia Abu Dhabi operates a modern fleet of Airbus A320 aircraft, the most modern and best-selling single aisle aircraft in the world. Offering passengers, a value-added onboard experience, the aircraft is equipped with 'SkyTime', a free in-flight streaming, and 'SkyCafe' an onboard catering service at affordable prices. In addition, Air Arabia offers 'Air Rewards' an innovative and generous loyalty program through which passengers can earn, transfer, and spend points. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
04-06-2025
- Business
- Trade Arabia
Air Arabia Abu Dhabi takes off to Almaty
Air Arabia Abu Dhabi, the capital's first low-cost carrier, has launched its inaugural flight between Abu Dhabi and Almaty, Kazakhstan. Starting from June 3 with a frequency of three weekly flights, the new route underscores the airline's continued commitment to enhancing connectivity between the UAE Central Asia. The flights will be operated on Tuesday, Friday and Sunday. 'We are pleased to inaugurate our non-stop service between Abu Dhabi and Almaty, a route that underscores our commitment to expanding affordable travel options across key international destinations directly from the UAE capital,' said Adel Al Ali, Group Chief Executive Officer of Air Arabia. 'This launch offers passengers the opportunity to explore the rich cultural heritage and natural beauty of one of Central Asia's most vibrant cities, while also providing travellers from Kazakhstan with seamless access to the dynamic capital of the UAE.' Elena Sorlini, Managing Director and Chief Executive Officer at Abu Dhabi Airports, said: " The launch of Air Arabia Abu Dhabi's direct service to Almaty marks a valuable addition to our growing network at Zayed International Airport. This new connection enhances travel options for our passengers and reflects our ongoing efforts to strengthen Abu Dhabi's position as a key global hub. We look forward to seeing the positive impact this route will have in promoting tourism, cultural exchange, and economic collaboration between the UAE and Kazakhstan.' This new route further strengthens Air Arabia Abu Dhabi's expanding network, reinforcing its commitment to delivering value-driven connectivity across key global markets. Air Arabia Abu Dhabi operates a modern fleet of Airbus A320 aircraft, the most modern and best-selling single aisle aircraft in the world. Offering passengers, a value-added onboard experience, the aircraft is equipped with 'SkyTime', a free in-flight streaming, and 'SkyCafe' an onboard catering service at affordable prices. In addition, Air Arabia offers 'Air Rewards' an innovative and generous loyalty program through which passengers can earn, transfer, and spend points. - TradeArabia News Service
