The project involves the planned construction of a 50 MW utility-scale solar photovoltaic power plant in the Karaganda Region of Kazakhstan, within the Northern Zone of the Unified Power System of Kazakhstan. The project was selected through a renewable energy auction held on 25 September 2026 and operated by KOREM JSC. Two companies were admitted to the auction and submitted two price bids with a combined application volume of 50 MW. AA SOLAR LLP was declared the winner for the full 50 MW capacity. The winning auction price was KZT 34.60/kWh excluding VAT, compared with the official ceiling auction price of KZT 34.61/kWh. Under the official ... Read more