Kazakh tender awards 70 MW of wind, solar

Nov 24, 2021 05:46 PM ET
  • Kazakhstan's power market driver JSC Korem has actually granted 70 MW of wind and solar projects in domestic tenders held as part of the country's 2021 renewable energy purchase programme.
Kazakh tender awards 70 MW of wind, solar
Image: Edgar Weber

A 20-MW project is the champion in the solar tender, in which rates reached as low as KZT 12.87 (USD 0.0297/ EUR 0.0263) per kWh. The project was put forward by Kazakhstan-based NextEcoEnergy PTE LTD LLP, the power market operator announced.

The affordable round, held earlier this month, attracted 14 proposals with a combined ability of 60 MW. Just five firms were enabled to bid. The highest possible supplied cost in the tender stood at KZT 16.96 per kWh, without Value Added Tax (VAT).

Individually, JSC Korem has actually chosen a 50-MW wind project by Hyperborea LLP, which offered a cost of KZT 14.08 per kWh, without VAT. It was among the 13 companies that had the right to participate in the tender, in which propositions for 550 MW were submitted. The highest offered rate was KZT 21.53 per kWh.

Both procurement rounds were introduced under an order by the Ministry of Energy for tendering 200 MW of renewable energy ability in 2021, consisting of 20 MW of solar, 50 MW of wind and also 120 MW of hydropower. Some 10 MW is booked for biopower projects.

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