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KAZAKH INVEST launched a set of webinars for potential investors

An online webinar was held on the KAZAKH INVEST site on the topic: "Auction bidding to select renewable energy projects in 2022".

The project manager for energy and sustainable development in the Investment Task Force investment division spoke about the prospects of implementing projects in the renewable energy sector while welcoming the participants. Thus, according to Askhat Bekenov, the production of electricity by renewable energy facilities is included in the list of priority activities.

KAZAKH INVEST Project Manager Leila Gimranova told the participants about the company's activities and the services provided for investors on the one stop shop principle. The participants were also informed about the types of state support for investment activities and the mechanism for obtaining investment preferences.

 During the webinar, the Director of the RES Department of the Ministry of Energy of the Republic of Kazakhstan, Abai Kulanbai, briefed the participants on the changes and additions to the current regulatory legal acts. He also spoke about the development of the renewable energy sector in Kazakhstan.

The auction process was explained by Aknur Shagyrbayeva, Director of the Market Development Department of KOREM JSC, and Madiyar Sapargaliyev, a representative of RFC for RES Support LLP. They also addressed the issues on the types of financial security, conditions, terms for preparing documents and reporting.

The EBRD representatives provided information on the documentation of the project auctions of the current year.

The webinar was attended by 150 people from 118 Kazakhstan and foreign companies.

A set of webinars was organized by the Ministry of Energy of the Republic of Kazakhstan jointly with KAZAKH INVEST, with the participation of USAID, the EBRD, the auction organizer KOREM JSC, KEGOC JSC and the sole purchaser of electricity from renewable energy sources RFC for RES LLP.

The next webinar is scheduled for September 7, 2022. Registration and the webinar program are available here.