Almassadam Satkaliyev, “Samruk-Energy” JSC Chairman of the Board and Li Ningjun, Vice President of “Hydrochina Corporation” signed Memorandum on Cooperation with Chinese corporation “Hydrochina Corporation” today on June 8, 2017 in Astana city during Kazakhstan-China Business Council. The document provides for the participation of Chinese company in implementation of projects for construction of 60 MW wind power plant in Shelek corridor including a potential expansion in capacity up to 300 MW and 4 small hydropower plants on Shelek River.
According to preliminary feasibility study that was developed by Chinese party, the capacity of Almaty region’s Shelek district for construction of wind, solar and small hydro power plants is estimated at 1600 MW. As per calculations, this will considerably lower environmental impact, reduce the power deficit in the region through generation of nearly 5 bln. kWh of clean electricity a year.
The partnership with Chinese corporation “Hydrochina Corporation” for renewable energy projects conforms to the principles of "Nurly Zhol" and “Silk Road Economic Belt" ("One belt, one road") program strategies and concepts.
The document on bilateral cooperation signed on the eve of the opening of "EXPO-2017" International Exhibition will contribute to the development of Kazakhstan’s "green" energy.