Kazakhstan to attract 21 billion dollars to electric power development by 2015
Astana, Sept.21 (ANI): Kazakhstan plans to attract about 21 billion dollars to the electric power development by 2015, said Almasadam Satkaliyev, the president of JSC “Kazakhstan Electric Grid Operating Company (KEGOC) at the Kazenergy Second Eurasian energy forum. “Total investments volume needed for the electric power development amounts to nearly USD 21 billion by 2015″, – he said. The KEGOC president stressed that “electric power consumption in Kazakhstan by 2015, according to forecasts, will grow by 60 per cent and amount to 124.5 billion kilowatts per hour”.
At the same time technological equipment of currently operating electric power plants, according to Satkaliyev, allows to increase energy production only up to 80 billion kilowatts per hour.
“In such conditions we plan to provide necessary enlargement, modernization and the construction of new sites, thus not only providing electric power for Kazakh consumers, but also enhancing export, transit potential and reserve capacity,” Satkaliyev said. He reminded that the government has developed an action plan for electric power development up to 2015, which sets up a list of sites for reconstruction, modernization and construction. (ANI)
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