Kazakhstan nuclear plans uncertain
The Russian economic crisis and uncertainty over power demand are likely to delay the planned construction of a nuclear power plant in Kazakhstan.
Construction had been due to start this year at the site of the Balkhash plant on which Kazakhstan and Russia`s Atomic Energy Ministry have been working together. Under current plans, the plant will include three Russian VVER 640 MW reactors located on the banks of Lake Balkhash.
The Russian economic crisis has affected Kazakhstan`s economy, and electricity demand in the Central Asian state has become difficult to forecast. The project will cost over $1bn and will take nine years to construct.