Rosatom's Financial Struggles Impact Central Asia's Nuclear Energy Plans
Rosatom, Russia's nuclear entity, is facing financial difficulties, leading to cuts in its investment program and operating costs. This situation affects its agreements to build nuclear plants in Kazakhstan and Uzbekistan, raising doubts about project timelines and completion. Rosatom's challenges are linked to Russia's financial strain due to the ongoing campaign in Ukraine and international sanctions. Kazakhstan and Uzbekistan are exploring alternatives, including partnerships with Chinese companies and the United States for developing small modular nuclear plants.