Russia's Rosatom eyes role in second Kazakhstan nuclear plant, as Balkhash deal nears - Headlines news and analysis from Global Banking & Finance Review
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Russia's Rosatom eyes role in second Kazakhstan nuclear plant, as Balkhash deal nears

Published by Global Banking & Finance Review

Posted on May 27, 2026

2 min read

· Last updated: May 27, 2026

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Rosatom Considers Role in Kazakhstan’s Second Nuclear Power Plant as Balkhash Deal Nears

Rosatom’s Potential Involvement in Kazakhstan’s Nuclear Power Expansion

MOSCOW, May 27 (Reuters) - Russia's state nuclear corporation said it may hold talks on participating in a project to build a second nuclear power plant in Kazakhstan, Rosatom head Alexei Likhachev said on Wednesday.

Approval and Main Constructor for Second Plant

Kazakhstan has approved construction of the plant, with state-run China National Nuclear Corporation (CNNC) selected as the main constructor.

Awaiting Official Notification

"We have not yet been officially informed of the Kazakh side's decision regarding the second plant, either in terms of configuration or location. As soon as we receive such information officially - possibly in the next few days - we will proceed immediately to practical negotiations", Likhachev said.

Balkhash NPP: First Nuclear Power Plant Developments

Upcoming Agreements and Contracts

Likhachev added that Russia and Kazakhstan are set to sign an intergovernmental agreement and a preliminary contract covering timelines and pricing for the country's first nuclear power plant, Balkhash NPP, during Russian President Vladimir Putin's visit to Kazakhstan starting on Wednesday.

International Collaboration and Technical Oversight

Speaking about the Balkhash project, Likhachev said Kazakhstan had held talks with companies from South Korea, China and France on possible participation, adding Rosatom had no objections.

Rosatom’s Role in Technical Design and Equipment Supply

However, the plant's technical design, specifications and supply of key heavy engineering equipment will ultimately be handled by Rosatom, he said.

Construction Timeline

Likhachev said Rosatom plans to begin active construction at the site in 2027 and expects completion in the mid-2030s.

(Reporting by Anastasia Lyrchikova. Writing by Maxim Rodionov. Editing by Kirsten Donovan and Mark Potter)

Key Takeaways

  • Rosatom could enter talks on Kazakhstan’s second NPP, currently set to be constructed by China’s CNNC near Lake Balkhash (renewables.az)
  • An intergovernmental deal and preliminary contract on Kazakhstan’s first NPP (Balkhash, VVER‑1200 reactors by Rosatom) may be signed during President Putin’s visit (oilprice.com)
  • Kazakhstan’s aggressive nuclear strategy includes a 2050 vision with multiple plants to diversify energy sources and reduce reliance on coal, backed by a 2024 referendum where 70% voted in favor (world-nuclear.org)

References

Frequently Asked Questions

Who has been selected as the main constructor for Kazakhstan's second nuclear power plant?
The China National Nuclear Corporation (CNNC) has been selected as the main constructor for the second nuclear power plant in Kazakhstan.
Is Rosatom involved in Kazakhstan’s first nuclear power plant?
Yes, Rosatom will handle the technical design, specifications, and supply of key engineering equipment for Kazakhstan’s first nuclear power plant, Balkhash NPP.
When will active construction of the Balkhash nuclear power plant begin?
Rosatom plans to begin active construction of the Balkhash nuclear power plant in 2027, with completion expected in the mid-2030s.
Which other countries' companies have shown interest in the Balkhash nuclear project?
Companies from South Korea, China, and France have participated in talks regarding the Balkhash nuclear power project.
What is the significance of Putin's visit to Kazakhstan for the nuclear deal?
During President Putin's visit, Russia and Kazakhstan are expected to sign agreements covering timelines and pricing for the Balkhash NPP.

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