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Kazakhstan resumed electricity exports to Russia

Staff writer ▼ | March 19, 2016
The second power unit of Ekibastuz GRES-2 power plant has been put into operation on March 17, 2016 and Kazakh electricity is supplied to Russian power system.
Power connection   Ekibastuz GRES-2 power plant has been put into operation
The expected volume of exported electricity in 2016 will make 1,8bn KWh.

"Owing to support of Government of the Republic of Kazakhstan, free capacities of Ekibastuz GRES-1 and GRES-2 were put to work for carrying out export deliveries," said Almassadam Satkaliyev, " Samruk-Energy" JSC chairman of the board.

Decisions taken by Kazakhstan state bodies correspond to international practice on boosting and encouraging the export potential of power industry.

Mutually beneficial agreements between major players of Kazakhstani and Russian wholesale electricity market will ensure foreign exchange earnings, additional volumes of production, services and income.

In November 2014 Kazakhstan ceased electricity supply against the backdrop of a decline in Russian ruble to Kazakh tenge.

The volume of electricity exports of "Samruk-Energy" to Russian Federation in 2013 and 2014 totaled 2, 452 and 1,862 billion KWh, respectively.