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Kazakhstan Overhead Power Transmission Line Industry Analysis
The overhead electric power transmission lines industry in Kazakhstan has undergone significant growth and development over the past few years. The country has made significant investments in the development of its power sector and has been focusing on expanding its transmission network to meet the growing demand for electricity.
Current Scenario:
Kazakhstan's power sector is dominated by the state-owned company, Kazakhstan Electricity Grid Operating Company (KEGOC), which operates the country's power transmission system. As of 2021, KEGOC manages more than 25,000 km of transmission lines and 79 substations across the country.
Construction of New Projects:
The government of Kazakhstan has been investing heavily in the expansion of its transmission network, with several new projects underway. In 2019, KEGOC launched a USD 400 million project to construct a 500 kV transmission line that will connect the country's northern and southern grids. The project is expected to be completed by 2025 and will increase the country's transmission capacity by 25%.
Another major project currently underway is the construction of the 1,865 km Kazakhstan-China HVDC transmission line. The project, which is being developed by KEGOC in partnership with China's State Grid Corporation, will have a capacity of 2,000 MW and is expected to be completed by 2023.
Major Drivers:
The major drivers for the growth of the overhead electric power transmission lines industry in Kazakhstan include the increasing demand for electricity, the government's focus on the development of its power sector, and the country's vast renewable energy potential.
Industry Outlook:
The outlook for the overhead electric power transmission lines industry in Kazakhstan is positive, with the government continuing to invest in the expansion of its transmission network. The country's vast renewable energy potential, particularly in wind and solar power, is also expected to drive growth in the industry as the government seeks to increase the share of renewable energy in the country's energy mix.
In conclusion, Kazakhstan's overhead electric power transmission lines industry is poised for growth in the coming years, with the government's focus on the development of its power sector and the expansion of its transmission network. The country's vast renewable energy potential also presents significant opportunities for the industry, which is expected to play a key role in supporting the growth of the country's power sector.
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