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ARTICLE · 05 OCTOBER 2026

Kazakhstan’s Nuclear Launch: What Consortium Participants Need To Know

Unicase Law Firm
Unicase Law Firm
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Unicase Law Firm

Unicase Law Firm

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The Balkhash NPP project's legal architecture rests on an intergovernmental agreement that establishes critical distinctions between aspirational targets and binding obligations, while carving out key regulatory domains from stabilization protections. This analysis examines how the IGA's framework governs consortium structure, liability allocation, procurement exemptions, and the interplay between localization targets and statutory subcontracting caps that will shape commercial negotiations throughout the p

KazakhstanGovernment, Public Sector

On 3 September 2026, Rosatom and Kazakhstan Nuclear Power Plants LLP (KNPP) signed the EPC contract for the construction of two VVER-1200 reactors at the Balkhash Nuclear Power Plant (NPP), with a combined installed capacity of 2,400 MW.

This alert sets out what it means for sponsors, lenders and prospective Consortium participants.

From IGA to EPC

Intergovernmental instruments signed on 28 May 2026 form the legal foundation of the Balkhash NPP project, and Unicase analysed their commercial and regulatory implications in the previous edition of this newsletter.

The Agreement between the Government of the Russian Federation and the Government of the Republic of Kazakhstan on the Basic Principles and Conditions of Cooperation on the Construction of a Nuclear Power Plant on the Territory of the Republic of Kazakhstan (the IGA) establishes the state-level framework within which everything else in this project operates: the roles of the parties, the structure of the Consortium, the

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