Kazakhstan

Kazakhstan

Updated: Six projects win 400MW in Kazakh auction

KAZAKHSTAN: The energy ministry has awarded contracts for six wind farms with a combined capacity of 400MW in the country's second tranche of auctions this year.

Kazakhstan intends to award contracts to 620MW of wind projects this year (pic credit: Torekhan Sarmanov/Flickr)
Kazakhstan intends to award contracts to 620MW of wind projects this year (pic credit: Torekhan Sarmanov/Flickr)

Four projects in the north of the country were successful in one tender, while two southerly wind farms were awarded capacity in another.

In three further tenders, for projects in the north, west and south, no winners were selected due to an insufficient number of auction participants.

The highest agreed price in the north was lower than the cheapest contract secured in the south.

Successful companies will sell electricity from their site to the government under 15-year contracts.

North

In a northern tender on 4 October, successful bids ranged from KZT 17,390/MWh ($46.62/MWh) to KZT 20,500/MWh — below the KZT 17,490/MWh-22,670/MWh range in May’s tender when just under 100MW was awarded.

In total, 560.05MW of projects were put forward, the energy ministry stated, with a highest bid of KZT 22,550/MWh.

Local utility Zhel Elektricik was awarded a contract for a 100MW wind farm selling power at KZT 17,390/MWh – the lowest price awarded in the auction.

Meanwhile, three 50MW projects were also awarded to three seperate investors: Russian group Energo Trust will receive KZT 19,500/MWh; project development consortium Shokpar Wind Farm will earn KZT 19,980/MWh; and another backer called Investo won a deal worth KZT 20,500/MWh.

South

In a tender for projects in the south of the country, two successful bids were entered: KZT 20,900/MWh and KZT 22,580/MWh. A third, unsuccessful, applicant bid KZT 22,670/MWh for a project.

Zhel Elektricik was, again, awarded a contract for a 50MW project in the south. It will sell power at KZT 20,900/MWh.

Shokpar wind power secured another a contract to sell power from a 100MW wind farm at KZT 22,580/MWh.

The energy ministry aims to award contracts for 1GW of renewables projects this year, including 620MW of wind capacity.

Kazakhstan currently has no large-scale wind projects in operation, but there are several in various stages of development.

The government owns six 35MW sites in the north of the country and a 78MW project in the east that it hopes to complete this year.

In June, Italian firm Eni committed to building a 48MW wind farm in the north-west.

Kazakhstan’s energy ministry also awarded 99.95MW of contracts in a tender in May. The country aims to source 50% of its power from renewables by 2050.

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