Current events

6 companies were allowed to participate in the auction, during the trading session, participants submitted 44 price offers, and the unit capacity for projects ranged 50 MW. Total volume of applications submitted was 300 MW. Maximum auction price during the auction for the selection of WPP projects in 2020 was 21.69 tg/kWh (without VAT).

During the trading session, the price range of requests received from auction participants was from 21,65 to 15,9 tg/kWh (without VAT).

Following the auction results, the following company were determined as winner:

• Eco Watt AKA LLP (Kazakhstan) installed capacity of the project is 50 MW, auction price 15,9 tg/kWh (without VAT). The project is planned to be located near the Alakol district of the Almaty region.

During these auctions, the auction price decreased by 27% from the approved maximum auction price.

During the auction, representatives of the Ministry of the energy of the Republic of Kazakhstan, European Bank for Reconstruction and Development, USAID participated as observers. Observers noted that the auction was conducted in accordance with the approved regulatory legal acts and confirmed the transparency of the electronic trading system of the auction organizer – JSC "KOREM".

The next auction is scheduled for 25.11.2020 for the of HPP 100 MW.

Reference:

According to the auction schedule approved by the order of the Ministry of energy of the Republic of Kazakhstan No. 202 dated 21.05.2020, auctions in the amount of 250 MW of installed capacity are planned for 2020, broken down by type of power plants:

- solar power plants – 55 MW (including 2 projects with documentation, installed capacity of each project is 20 MW);

- wind power plants – 65 MW;

- hydroelectric power plants – 120 MW;

- BioPP – 10 MW.

The organizer of the auction is JSC "KOREM".