Modernization of Almaty CHP-2 With Minimization of Environmental Impact

Modernization of Almaty CHP-2 With Minimization of Environmental Impact

Energy

Funding status: Guarantee status: An agreement on opening a credit line has been signed

Information about Almaty Power Plants JSC

Name of the project

Modernization of Almaty CHP-2 With Minimization of Environmental Impact

Project description

Modernization of Almaty CHP-2 With Minimization of Environmental Impact

Borrower

JSC «Development Bank of Kazakhstan»

Almaty Power Plants JSC

Ultimate beneficiaries

Samruk-Energo JSC

Manufactured products

Electric and heat energy

Industry

Energy

Funding status

Open

Region

Almaty

Project financing structure

Project cost

435,799 bln ₸

Participation of the Development Bank of Kazakhstan JSC, by financing currencies

117 bln ₸

Own participation of the borrower

87,160 bln ₸

Participation in the financing of the project by other creditors

231,639 bln ₸

Conditions for providing a financing instrument JSC «Development Bank of Kazakhstan»

Funding currency

KZT

Type of financing instrument

Medium- and long-term lending to investment projects

Interest rate

Borrowing cost + 0.73% p.a., floating rate

Credit line term

180 months from the date of conclusion of the Agreement on opening a credit line

Sources of financing

Bank’s own funds

Contact information

Website

https://ales.kz/

Address

Republic of Kazakhstan, 050002, Almaty, Medeu district, Dostyk Avenue, 7

Phone

+7 701 777 1316