JSC «Moynak HPP n. a. U.D. Kantayev»

Construction of Moynak HPP on Charyn river

Energy

Funding status: Guarantee status: assimilated

Information about JSC «Moynak HPP n. a. U.D. Kantayev»

Project name Construction of Moynak HPP on Charyn river
Project description Construction of Moynak HPP with the capacity of 300 MW in Almaty region The project was implemented within the framework of the State Program on Forced Industrial and Innovative Development of the Republic of Kazakhstan for 2010-2014.
Borrower Development Bank of Kazakhstan JSC JSC «Moynak HPP n. a. U.D. Kantayev»
Final beneficiaries
Committee of the State Property and Privatization of the Ministry of finance of the Republic of Kazakhstan 
Product
Transit of electric power
Structure of project financing Project cost 346,6 mln $
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies 118,6 mln $:
  • Phase 1: 25 mln $;
  • Phase 2: 4,545 bln ₸ (25,8 mln $);
  • Phase 3: 12,285 bln ₸ (82,5 mln $)
Borrower's own participation 28 mln $
Participation in financing of the project of other creditors Public development bank of China 200 mln $
Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency Kazakhstani tenge, USD
Type of financing instrument Medium- and long-term lending to investment projects
Rate of remuneration Phase 1: 1,15*6M Libor+1,15%
Phase 2: 10,72%
Phase 3: 12% and 7,55%
Loan term 20 years
Funding source Equity capital of «DBK» JSC, raised funds (including funds from the National Fund of the Republic of Kazakhstan)
Additional Information Address Almaty region, Kegen district, Gilichinsky rural district, Moynak village, building 81
Tel. 8 (7272) 588-316
Fax 8 (7272) 588-317
Website: moynak.kz/ru, info@moynak.kz