Kazakhstan's Energy Sector Faces Uncertainty Amidst Russian Collaboration Challenges

Kazakhstan Faces Challenges in Subsidizing TPP Construction with Russia Kazakhstan is facing difficulties in securing subsidies for the construction of thermal power plants (TPPs) being built in cooperation with Russia. This issue was highlighted by Vice Prime Minister Roman Sklyar, who recently spoke about the challenges involved in the project. The video shows interviews with Sklyar, further detailing the situation. According to Sklyar, "Negotiations are ongoing, but there are problems with the current subsidy arrangement." The uncertainty surrounding the project's funding has raised concerns about its future and the potential need for a new investor. The situation underscores the complexities of large-scale energy projects involving international collaboration and the impact of government subsidies on their success. The potential for a change in investor is a key concern for the project's future. The next few months will be crucial in determining the outcome of the negotiations and the long-term viability of the TPPs.