Turgusun-1 LLP

Construction of the Turgusun HPP in the East Kazakhstan region

Energy

Funding status: Guarantee status: Assimilated

Information about Turgusun-1 LLP

Project name Construction of the Turgusun HPP in the East Kazakhstan region
Project description Construction of small scale hydropower plant. The project is implemented within the framework of the State Program of Industrial and Innovative Development of the Republic of Kazakhstan for 2015 - 2019
Borrower Development Bank of Kazakhstan JSC Turgusun-1 LLP
Final beneficiaries
Talgat Akhmetov, Nurymzhan Sopbekov, Arssen Jamaludinov, Gabbas Bekturov, Kanat Abishev
Product
Electric power
Structure of project financing Project cost 13,55 bln  ₸
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies 10,322 bln ₸
Borrower's own participation 3,23 bln ₸


Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency Kazakhstani tenge
Type of financing instrument Medium- and long-term lending to investment projects
Rate of remuneration 7% and 15% annualin tenge
Loan term till  07.15.2036
Funding source Equity capital of DBK JSC, raised funds
Additional Information Address East-Kazakhstan region, Altai district, Altai