News

2013-07-24

BOND STONE successfully completed the legal support of Moinak HPS Project

BOND STONE team glad to announce one more successfully completed project in Alternative energy sector.

By 24th of June 2013 was successfully completed and accepted Moinak HPS Project.

Legal adviser of CWE for the energy project is BOND STONE law firm.

The Moinak Hydropower Station Project, CWE’s first EPC project in Kazakhstan, is the first hydropower project implemented by Kazakhstan ever since its independence, a key project in non-energy field by cooperation of China and Kazakhstan, and the first significant infrastructure cooperation project between the two countries other than the development of resources, playing an important role in developing local economy and improving people’s livelihood. The project has a total investment of USD360,000,000 and two 150MW high head Pelton turbine units, of which the single unit capacity is the largest in Asia and the annual generation is over 1 billion kWh. Completion of the project has promoted the friendship of the two countries while the project itself serving as a model work for Chinese enterprises in Kazakhstan.