Kazakhstan, Korea signed intergovernmental agreement on construction of electric station
Almaty. October 13. Kazakhstan Today - Kazakhstan and Korea signed an intergovernmental agreement on construction of a coal power station in Balkhash for the sum of $3.8 billion, the agency reports citing the Korean information resource Arirang.
Construction of the power station with the capacity of 660 МВт will be the result of one of the largest joint economic projects of two countries. The construction will begin in the first half of 2011 and will be commissioned in 2016.
Korea's Minister of Knowledge Economy (MKE) Kyunghwan Choi, who in Astana met the Assistant to the Prime Minister of Kazakhstan, Aset Isekeshev, called for cooperation expansion in the energy sector, including the uranium industry and extraction of rare metals.
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