20.02.2008, 16:56 2643

Acceptance of bill On support of alternative energy sources in Kazakhstan to lead to attraction of investments - 500 - 600 billion KZT for development of renewable energy sources

Acceptance of the bill on support of alternative energy sources in Kazakhstan will lead to attraction of investments at the rate of 500 - 600 billion KZT for development of renewable energy sources.

Astana. February 20. Kazakhstan Today - Acceptance of the bill on support of alternative energy sources in Kazakhstan will lead to attraction of investments at the rate of 500 - 600 billion KZT for development of renewable energy sources. The Director of the Legal and International Cooperation Department of the Ministry of Environmental Protection Alexander Bragin informed today during the round table Opportunities for Development of Renewable Energy Sources in Kazakhstan, the agency reports.

"Economic consequences of acceptance of the bill will be attraction of investments at the rate of 500 - 600 billion KZT for development of renewable energy sources and introduction of about 3000 МВт capacities of renewable energy sources by 2024 with manufacture of about 10 billion of kW h a year of electric energy," A. Bragin said.

"Such rates of development of renewable energy sources will allow Kazakhstan to provide annual economy of fuel at the rate of 3 - 3.5 million tons of conditional fuel by 2024," A. Bragin said.

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