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ECONOMY

Türkiye’s Aksa Energy to build gas plant in Kazakhstan

ISTANBUL

Türkiye’s Aksa Enerji Uretim AS (Aksa Energy) and a Kazakhstan governate have signed a non-binding deal to establish a natural gas combined cycle power plant in the country, according to a statement posted on Türkiye’s Public Disclosure Platform on Friday.

The non-binding Memorandum of Understanding (MoU) signed between the Turkish company and the Shymkent Governorate in Kazakhstan covers the development of a plant of 500 megawatts in capacity.

Aksa Energy boasts three natural gas combined cycle power plants in neighboring Uzbekistan, and this MoU marks the expansion of its footprint in Asia.

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