Articles > Business magazines > International magazines > WWP-Business Opportunities in Eastern Europe & the CIS articles > January-March 2005 > Tuesday, February 1

Article: KAZAKHSTAN: Construction plans for proposed $30,000,000 power plant expansion project are expected to be followed by another $100,000,000 investment, AES CORP. [USA] - Order #: 021805.

Article from:
WWP-Business Opportunities in Eastern Europe & the CIS
Article date:
February 1, 2005
Copyright

PROJECT OVERVIEW:

US-based AES CORP. currently operates a thermal power station in Kazakhstan through its local subsidiary. And, the company is now planning to invest over $30,000,000 to expand the generating capacity of its Ust-Kamenogorsk plant.

In addition, AES is proposing to invest in excess of $100,000,000 in the country during the next 8 years.

AES employs a total staff of about 32,000 and is acknowledged to be a leading global power company. The corporation currently owns or has an interest in 91 power facilities totaling over 27,000 Mw in the United States, Canada, Australia, Argentina, Brazil, Dominican Republic, Pakistan, the ... 







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