₦airaland Forum

Russia Signs $16 Billion Deal To Build Kazakhstan’s First Nuclear Power Plant.

🇷🇺 Russia ‌signed an agreement on Thursday with 🇰🇿 Kazakhstan to build the first nuclear power plant in Central Asia's largest country at a cost of about $16.5 billion, partially covered by a major export loan from Moscow.

Kazakhstan, the world's biggest producer of uranium and a ​country which suffered from the fallout from Soviet nuclear testing, has been discussing the possibility of ​atomic power for at least two decades.

A 2024 referendum returned a vote in favour ⁠of constructing a nuclear power plant and designated the village of Ulken, on the shores of Lake Balkhash ​in the southeast of the country as the site.

"The agreement signed today on the construction of the Balkhash ​NPP has an important role," Kassym-Jomart Tokayev, Kazakhstan's president, said before thanking Russian President Vladimir Putin, who was in Astana for talks, for his support.

"Putting the plant into operation will make a significant contribution to the energy supply of the Kazakh economy," ​Putin said.
The two sides also signed an agreement on the provision of Russian export credit to finance construction ​of the plant.

Russia's state nuclear corporation Rosatom won the lead role in building the plant, edging out China National ‌Nuclear ⁠Corporation (CNNC), French utility EDF and Korea Hydro & Nuclear Power, according to Kazakhstan's atomic energy agency.

The head of Kazakhstan's atomic energy agency, Almasadam Satkaliyev, told reporters that the cost of the plant - with two VVER-1200 III+ reactors - would be about $16.5 billion, including about $2 billion for security and infrastructure.

Construction will begin in 2027 and the first reactor ​will be commissioned in early ​2034, according to Satkaliyev.

---

🔗 Reuters

👍🏻Like for Russia-Putin, share for USA/Nazi/NATO 卍

Congratulations 👏🎉 to them
Remains Iran ??

Nobody can bully Borat.

muyico:
Congratulations 👏🎉 to them
Remains Iran ??

No be only Iran. The say Nuclear power plant ..not nuclear weapon.
Make Una they try they understand before reacting/ commenting abeg

The day Putin decided to start trading in Russian currency, American will declare him a terrorist, but it will happen sooner than people think .

That axis is inceasingly fencing off the west.

Caspian sea nations have created an off-limit zone for the west to the strategic advantage of Iran and Russia.

Let's see what US have to say about the power plant

Tinubu should oya react

Great! This is a blue carpet reception for Putin. He is different and honorable in his own right.
Great Russia 🇷🇺

Wind, Solar and Battery ESS Power plants of similar power capacity would have taken less than 2 years to complete at lower cost. Imagine waiting till 2034 for completion of first phase.

The world is moving to sustainable green renewable energy. Nuclear power is no longer fashionable because of risks and difficulties in disposing the nuclear wastes it generates while working.

veryanyhowperso:
Let's see what US have to say about the power plant

The U.S can do the same with their allies.

Why isn't Nigeria looking at Russia to build us one?
Oh Tinubu is in bed with France and the West and ofcoure they won't agree .
They want Nigeria and Africa perpetually underdeveloped