Qaragandy Power Silicon LLP

Construction of the 1st Stage, 1 Start-Up Facility, 4 Ore-Thermal Furnaces of Karaganda Complex Alloys Plant LLP

Metallurgical industry

Funding status: Guarantee status: On financing

Information about Qaragandy Power SiliconLLP

Project Name 

Construction of the 1st Stage, 1 Start-Up Facility, 4 Ore-Thermal Furnaces of Qaragandy Power Silicon Plant LLP

Project Description 

Creation of an export-oriented production facility to produce a complex alloy – ferrosilicon, with high added value and deep processing of raw materials

Borrower

Development Bank of Kazakhstan JSC 

Qaragandy Power Silicon LLP

Final Beneficiaries

Evgeny Vitalievich Ivanov

Product

Ferrosilicon (FS 75) 

Industry

Metallurgy

Funding Status

On financing

Region

Karaganda region

Project Financing Structure 

Project Cost 

128,2 mln $

Interest of Development Bank of Kazakhstan JSC, by currency of financing

43,9 mln $

Personal Interest of the Borrower

43,483 mln $

Interest of other creditors in the project financing

None

Terms and Conditions of the Financing Instrument of Development Bank of Kazakhstan JSC 

Financing Currency 

US Dollar

Type of Financing Instrument 

Non-revolving credit facility

Interest Rate 

Borrowing cost* + 2.7% p.a., floating rate 

Loan Term 

Up to 10 years

Source of Financing 

China Development Bank

Contact Details

Website:

https://www.kcap.info/

Address:

Karaganda region, Bukhar-Zhyrau district, Zelenobalkovsky rural district, Doskey auyly settlement,  028 accounting quarter, 1662 building, block 1,       

Phone:

8 (7212) 40 21 31