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Chinese company to build wind and solar power stations in Kentau

China’s Jiangsu Zhenfa Holdings Group Co. Ltd investment company will start construction in August on $154.5 million wind and solar power stations in the South Kazakhstan region. The new facilities are expected to generate 50 megawatts per hour of wind power and 30 megawatts per hour of solar...

Kazakhstan delegation took part in the work of the world energy conference "IHS CERAWeek" in Houston

The Kazakhstan delegation in early March, led by First Deputy Minister of Energy Makhambet Dosmukhambetov, took part in the IHS CERAWeek 2018 Executive Conference in Houston, USA. This year, the forum hosted more than 3,400 participants from 60 countries, including energy ministers, heads of international...

Commitment to the best engineering traditions

Vekmar Elektrik Sistemleri Yatırım ve Ticaret A.Ş. operates in the energy sector since its establishment in 1994. Our scope of activities are electrical equipment supply, and providing services in electrical contracting, engineering, design, and panel manufacturing. We are the distributing and application...

Kazakhstan created new digital oil transportation technology

Scientists of the Satbayev University jointly with specialists of KazTransOil under the scientific supervision of Professor of the Kazakh National Science Academy Iskander Beisembetov have developed a digital technology which allows to perform real-time modeling, monitoring and optimization of oil...

Kazakhstan to implement 150 new projects worth $3.1 billion

As many as 150 new projects worth more than 1 trillion tenge ($ 3.1 billion) are planned to be introduced within the state program of industrial and innovative development of Kazakhstan in 2018. This was announced by the Minister for Investment and Development Zhenis Kassymbek at a meeting of the...

EBRD to invest $244 million in Kazakh renewable energy projects

The Eurasian Bank for Reconstruction and Development (EBRD) plans to invest approximately $244.2 million in Kazakh renewable energy sources (RES) attracting private and international financial investment. Fifty-two renewable energy facilities will be built through 2020, said Minister of Energy Kanat...

EBRD offers post-privatisation support to Kazakhstan's power utility

The EBRD is providing post-privatisation support to Mangistau Regional Distribution Company (MREK), a major power utility in western Kazakhstan. A senior loan of up to KZT 12 billion (up to €31 million equivalent) will help MREK finance its investment programme until 2020. As part of the government's...

Kazakhstan makes ‘meaningful progress’ in extractive industry transparency, report suggests

The Extractive Industries Transparency Initiative (EITI) determined Feb. 13 that Kazakhstan has made meaningful progress overall in implementing the EITI Standard. The decision was made based on the validation process conducted by the EITI starting from July 1, 2017. Validation is the EITI’s...

Mirzagaliyev told about gasification of center and north of Kazakhstan

At a press conference in the RK Government, Deputy Energy Minister Magzum Mirzagaliyev told how gasification of the central and northern regions of the country will be carried out within the framework of the five social initiatives of the President of Kazakhstan. "For gasification of the central...

NCOC mulls development of Kashagan satellites

The international consortium in control of Kazakhstan’s massive Kashagan oilfield in the Caspian Sea is eyeing the development of two smaller deposits nearby. North Caspian Operating Co. (NCOC) has rights to three fields besides Kashagan, the largest of which is the Kalamkas deposit. Caspi...

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"Energy, Electrical Equipment and Machine Building"

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