The company will deliver EPC portion of the contract and will also commission the project on a lump-sum turnkey basis.

Samsung Engineering executive Kim Dong-Woon said, "Samsung Engineering is looking forward to being part of the modernization of Kazakhstan’s power sector and furthering the strong ties between the two countries."

The coal-fired power plant slated to be complete by 2018, is expected to meet the high demand for electricity in the country.

Kazakh National Company Samruk-Energy in conjunction with the Korean consortium of Korea Electric Power Corporation and Samsung C & T Corporation is implementing the project.