Results of the thirty-fifth auction dated December 8, 2020 for the selection of solar power plants projects with a total installed capacity of 20 MW

Today "KOREM" JSC held an auction for solar power plant project (hereinafter referred to as SPP) with an installed capacity of 20 MW, located in Kentau city near the rural district of Iassy, Turkestan region.

The auction was declared valid. The geography of the auction participants is represented by 2 countries, including Russia and Germany.

The winner of the auction was the company: "HEVEL KAZAKHSTAN (Hevel Kazakhstan)" LLP (Russia) with a price of 14.58 tenge/kWh (excluding VAT).

The maximum auction price - 16.97 tenge/kWh (excluding VAT) during the trading session decreased by 14.1%.

3 companies were allowed to participate in the auction. During the trading session, 48 price proposals were submitted by the participants. During the trading session, the price range of bids received from auction participants ranged from 16.97 up to 14.58 tenge/kWh (excluding VAT).

Representatives of the Ministry of Energy of the Republic of Kazakhstan and "RFTs for RES" LLP took part in the auction as observers. The observers noted that the auction hold in accordance with the approved regulatory legal acts and confirmed the transparency of the electronic trading system of the auction organizer - JSC "KOREM".

The next auction is scheduled for 10.12.2020 by SPP 20 MW type (with documentation).

For reference:

According to the Auction Schedule approved by order of the Ministry of Energy of the Republic of Kazakhstan No. 202 dated May 21, 2020, it is planned to conduct auction trading in the amount of 250 MW of installed capacity in 2020, broken down by the types of power plants:

- solar power plants - 55 MW (2 projects of which with documentation, the installed capacity of each project is 20 MW);

- wind power plants - 65 MW;

- hydroelectric power plants - 120 MW;

- Bio PP - 10 MW.

The organizer of the auction is KOREM JSC.

Unofficial translation