Kazmunaygas Details Stake In Wind Farm Project With Totalenergies (Exclusive)
Date
12/14/2024 1:08:49 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, December 14. The share of
KazMunayGas National Company in the project of the Mirny wind farm
will be 20 percent, an informed source from KazMunayGas told
Trend.
The source states that KazMunayGas will determine the volume of
its own investments after the project financing scheme receives
final approval. At the same time, the total volume of investments
will be about $1.3 billion.
Based on KazMunayGas data, the project is currently at the
design stage.
"Completion of construction is scheduled for the end of 2028,"
the source added.
The information also emphasized that at the moment KazMunayGas
is not considering participation in renewable energy projects
outside Kazakhstan.
To note, the construction of the wind power plant "Mirny" with a
capacity of 1 GW in the Zhambyl region is carried out jointly with
the French company TotalEnergies Renewables. This project will
create up to 250 permanent jobs and about 2,000 temporary jobs in
Kazakhstan during the construction period.
MENAFN14122024000187011040ID1108992258
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.