Eurasian Resources Group (ERG) has announced that it plans to invest nearly KZT 110 billion (ca. USD 230 million) in building a wind farm in Kazakhstan, the Group’s country of origin.
To be commissioned in 2024, the new renewable energy facility will have a capacity of up to 155 MW. The wind turbine park will extend over 150 hectares near the town of Khromtau in Kazakhstan. Around 300 jobs will be created during the construction phase, and the facility will provide 30 permanent jobs once it is commissioned. The wind power generated will be used to supply ERG’s Kazchrome Donskoy GOK plant. In addition, the wind farm will supply energy to neighbouring industrial facilities and the Aktobe region more widely. This will be ERG’s first proprietary wind farm project, and forms part of the Group's ESG Strategy and decarbonisation programme. In total, by 2030, ERG plans to reduce its emissions to air by 56%, emissions to water by 30% and water consumption by 33% through its Environmental and Energy Strategy.