RoK Ministry of Energy, Samruk-Kazyna, KazMunayGas and Total Eren S.A sign Agreement in Principle
On 9 June 2022, the Ministry of Energy of the Republic of Kazakhstan, Samruk-Kazyna JSC, JSC NC “KazMunayGas” and Total Eren S.A entered into the Agreement in Principle under the project for the construction of a 1 GW wind power plant (WPP) in Zhambyl region.
The Agreement was signed as a result of work performed under the previously signed Memorandum of Understanding between the said parties as of 28 October 2021.
The Agreement provides for the location to construct the 1 GW wind power plant with an energy storage system (capacity of at least 100 MW/200 MWh) near the village of Mirny in Zhambyl region. Certain actions to be taken by the Parties to implement the project were also determined.
The WPP project will be implemented in stages. The project is scheduled for completion between 2024 and 2026.
In addition to the above, the Parties are going to establish a Centre of Excellence in the operation of large RES facilities and electricity storage systems in Kazakhstan to train local specialists.
Cooperation between KazMunayGas, TotalEnergies EP Kazakhstan and Samruk-Kazyna is part of the companies’ efforts to support Kazakhstan’s goals to achieve net zero by 2060, and will make it possible for KazMunayGas to achieve its strategic goal by 2031 to implement renewable energy projects with a total capacity of at least 300 MW.