ASTANA, Kazakhstan, April 17. Kazakhstan’s
Samruk-Energy CEO Kairat Maksutov and China International Water &
Electric Corp. (CWE) General Director Chen Mili discussed the
construction of a pumped storage power plant in Kazakhstan,
Trend reports via the
company.
Particular attention was paid to the preparation of project
solutions, improvement of the regulatory framework, and possible
approaches to structuring partnerships for such large-scale
infrastructure projects.
CWE representatives confirmed their interest in further
cooperation, noting Kazakhstan’s strong hydropower potential. They
also highlighted the importance of improving legislation and
introducing investment return mechanisms to enhance the
attractiveness of such projects and ensure a balanced partnership
model aligned with national regulations.
Following the talks, the sides expressed readiness to continue
constructive dialogue and jointly work on the optimal configuration
for project implementation.
China International Water & Electric Corp., a subsidiary of
China Communications Construction Group, is a major international
player in hydropower and water management, with over 800 projects
implemented in more than 80 countries. The company has prior
experience in Kazakhstan, including participation in the
construction of the Moinak hydropower plant.
On March, 6 2025, Samruk-Energy and CWE signed a cooperation
agreement on the project of the first pumped storage power plant in
Kazakhstan.
