Kazakhstan Electrolytic plant JSC

Construction of a plant for the production of primary aluminum in the Pavlodar region with a capacity of 250,000 tons

Metallurgical Industry

Funding status: assimilated

Information about Kazakhstan Electrolytic plant JSC

Project name Construction of a plant for the production of primary aluminum in the Pavlodar region with a capacity of 250 000 tons
Project description Construction of a plant for the production of primary aluminum in the Pavlodar region with a capacity of 250 000 tons
Borrower Development Bank of Kazakhstan JSC Kazakhstan Electrolytic plant JSC
Final beneficiaries
Product
Primary aluminum, annealed anodes.
Structure of project financing Project cost 1 018,3 mln $
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies 400 mln $
Borrower's own participation 618,3 mln $
Participation in financing of the project of other creditors -
Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency USD
Type of financing instrument credit line
Rate of remuneration 4% annual
Loan term 15 years
Funding source Export-Import Bank of China
Additional Information Address Pavlodar, Eastern industrial zone, building 60/2
Phone 8 (7182) 74 31 36
Website: erg.kz
The loan was fully disbursed in 2010. The borrower repays the loan on time in accordance with the repayment schedule. The plant is operating as planned.