Russia to build Kazakhstan's first nuclear plant
Analysis based on 6 articles · First reported May 28, 2026 · Last updated May 28, 2026
The agreement for Kazakhstan>>>'s first nuclear power plant, largely financed by Russia>>>, is expected to boost the energy sector in Kazakhstan>>> by providing a stable power supply and reducing reliance on coal. This deal also strengthens Russia>>>'s position in the global nuclear energy market through Rosatom>>> and enhances its geopolitical influence in Central Asia.
Russia>>> and Kazakhstan>>> signed a $16.5 billion agreement for Russia>>> to build Kazakhstan>>>'s first nuclear power plant, with Russia>>> providing a significant export loan. The plant, featuring two VVER-1200 III+ reactors, will be constructed in Ulken, on Lake Balkhash, with construction starting in 2027 and the first reactor commissioned by early 2034. This project addresses Kazakhstan>>>'s growing energy demand, as the country currently relies heavily on coal and imports electricity, primarily from Russia>>>. Rosatom>>> won the lead role over competitors like China National Nuclear Corporation>>>, Électricité de France>>>, and Korea Hydro & Nuclear Power>>>. Kazakhstan>>> also approved a second nuclear plant with China National Nuclear Corporation>>> as the main builder. The deal was finalized during a visit by Vladimir Putin>>> to Astana, where he met with Kassym-Jomart Tokayev>>>.
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