Support The Moscow Times!

$1.3Bln for Kazakhstan

Germany’s Pure Nature Energy may invest 1 billion euros ($1.32 billion) to construct small hydropower plants in Kazakhstan, Central Asia’s biggest oil producer, the Industry and New Technologies Ministry said Monday.

Lossburg-based PNE plans to invest in building 5 to 60-megawatt plants, mostly in eastern and southern Kazakhstan, in the next 10 years, the Astana-based ministry said.


Read more

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.