Kazakhstan is on the verge of awarding a major contract for its first-ever nuclear power plant, with bidders from China, Russia, France, and South Korea still in the running.
But while technical capacity matters, the real contest may come down to money and politics.
Two camps inside Kazakhstan are influencing the decision. One, led by financial and economic officials, favors China’s CNNC for offering the lowest cost and strong financing. The other, made up of nuclear experts and engineers, prefers Russia’s Rosatom, citing decades of cooperation and technical compatibility.
However, Russia’s recent delays on a separate coal power plant project have raised concerns.
Some observers believe the nuclear contract may now be tied to the future of these coal plants—an expensive and globally unpopular investment. China appears more willing to take on the full package, giving it an edge.
Still, doubts remain over CNNC’s claim it can build the nuclear plant for just $5.5 billion. Experts say that’s unrealistically low, suggesting the real cost could be more than double.
A majority of judges on Brazil's Supreme Court panel voted on Friday to dismiss former President Jair Bolsonaro's appeal against his 27-year prison se...
The United States has expressed full support for the European Union's proposal to use frozen Russian assets to aid Ukraine and bring an end to the war...
Azerbaijan marks its fifth Victory Day on 8 November, celebrating the liberation of occupied territories and the restoration of sovereignty, a milesto...
The European Commission has tightened Schengen visa rules for Russian citizens, limiting most new applicants to single-entry permits, citing security ...
President Donald Trump announced on Friday that no U.S. government official would attend the upcoming Group of 20 summit in South Africa later this mo...
A majority of judges on Brazil's Supreme Court panel voted on Friday to dismiss former President Jair Bolsonaro's appeal against his 27-year prison sentence for allegedly plotting a coup to remain in power after the 2022 presidential election.
The United States has expressed full support for the European Union's proposal to use frozen Russian assets to aid Ukraine and bring an end to the war with Russia, a U.S. source familiar with the matter told Reuters on Friday.
President Donald Trump announced on Friday that no U.S. government official would attend the upcoming Group of 20 summit in South Africa later this month, citing what he described as "human rights abuses" occurring in the country.
Serbia's parliament passed a law on Friday designed to accelerate the development of a luxury complex in Belgrade, leased to an investment company founded by Jared Kushner, U.S. President Donald Trump's son-in-law.
Kendrick Lamar and Lady Gaga lead the 2026 Grammy nominations, while K-Pop enters the Song of the Year category for the first time in the award’s history.
Israel launched airstrikes on southern Lebanon after ordering evacuations, accusing Hezbollah of rebuilding its forces despite a year-old ceasefire, as Lebanon and the United Nations warned of renewed border tensions.
U.S. Senate Republicans have blocked a resolution that would have barred President Donald Trump from launching military action against Venezuela without congressional approval, despite growing concern over recent U.S. strikes in the southern Caribbean.
The driver who rammed his car into a crowd in western France on Wednesday is suspected of "self-radicalisation" and had "explicit religious references" at home, the country's Interior Minister Laurent Nunez said on Thursday.
Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the electric vehicle (EV) maker into an artificial intelligence (AI) and robotics juggernaut.
Azerbaijan marks its fifth Victory Day on 8 November, celebrating the liberation of occupied territories and the restoration of sovereignty, a milestone that reshaped the South Caucasus and ushered in a new era of reconstruction and regional stability.
Uzbekistan and the United States have signed strategic agreements worth more than hundred billion dollars, with agreements including relaxed visa rules for citizens of both countries.
Some of Yemen’s most vital roads have reopened as the country’s long-stalled peace process shows renewed signs of progress, supported by a ceasefire in the Gaza Strip and an overall cooling in the regional climate.
Shahbaz Sharif, the Pakistani Prime Minister arrived at the Heydar Aliyev international airport on Friday 7th November to a guard of honour prepared specially to recognise him.
A new phase of U.S.–Central Asia cooperation emerged at the White House, with discussions centred on mineral resources, trade, and long-term regional development.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment