Kazakhs sign accord on $1 billion wind farm in Zhambyl region
ALMATY. March 25. KAZINFORM Central Asia Green Power may invest about $1 billion to build two wind power plants in Kazakhstan's Zhambyl region, the local government said.
The company, which is owned by Relight and Kazakhstan's Visor Group, will build the plants with a combined capacity of 600 megawatts in two years, the northern Kazakh region's administration said on its website, without giving a start date for construction. Central Asia Green Power will invest borrowed funds and its own money, it said.
The administration signed a deal today with the company and state-owned grid operators Kazakhstan Electricity Grid Operating Co. and TOO JES, according to the statement, Kazinform cites Nariman Gizitdinov, Bloomberg.
To contact the reporter on this story: Nariman Gizitdinov in Almaty at ngizitdinov@bloomberg.net
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