Kazakhstan's First Nuclear Plant Faces More Delays

AI Summary

Kazakhstan's first nuclear power plant project faces further delays due to financing difficulties. Rosatom, the Russian nuclear energy company responsible for the construction, has requested at least another year to observe the site on Lake Balkhash and finalize necessary reports.

Beset with financing difficulties, Rosatom, Russia’s nuclear energy entity, is begging for more time to start building Kazakhstan’s first nuclear power plant on the shores of Lake Balkhash. The site was selected after extensive study by Kazakh authorities. But at a recent meeting in Moscow, Rosatom chief Alexei Likhachev told the head of Kazakhstan’s Atomic Energy Agency, Almassadam Satkaliyev, that the Russian entity will need “at least a year of observation of the site in order to form all the necessary reports ……