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Samruk-Kazyna, Energy China discuss renewable projects

Markets Group · last updated

Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, met with Lin Xiadan, chairman of the board of directors of Energy China Overseas Investment, to discuss potential joint renewable energy projects.

The talks come as the two sides are implementing a 300-megawatt solar power plant in the Turkestan region and a 500-megawatt wind power plant in the Karaganda region, according to a news release. The parties discussed prospects for cooperation and the progress of joint projects in the field of renewable energy.

Samruk-Kazyna manages state-owned assets across key sectors of Kazakhstan’s economy, including energy and infrastructure. Kazakhstan has been expanding renewable energy capacity as part of broader efforts to diversify its energy mix and reduce reliance on coal, originally approved by presidential decree in 2013 and updated in subsequent policy documents through 2023–2026, with implementation led by the Ministry of Energy of the Republic of Kazakhstan.

Energy China, formally known as China Energy Engineering Corp., is a state-owned engineering company involved in energy and infrastructure projects globally. It operates across sectors including coal mining, thermal power, wind energy, coal processing and water, stated the news release.

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