KEGOC JSC

The unification of the energy system of Western Kazakhstan with the Unified Energy System of Kazakhstan. Construction of electric grid facilities

Energy

Funding status: An agreement has been concluded to open a credit line

Information about KEGOC JSC

Project name The unification of the energy system of Western Kazakhstan with the Unified Energy System of Kazakhstan. Construction of electric grid facilities
Project description Construction of a new 500 kV high-voltage line and modernization of key substations.
The following facilities will be built as part of the project:
1. Construction of 500 kV overhead line «Karabatan - Ulke»;
2. Construction of an open 500 kV switchgear at the Kabatan substation;
3. Expansion of the 220 kV open switchgear at the Kabatan substation;
4. Expansion of the 500 kV open switchgear at Ulke substation.
Borrower Development Bank of Kazakhstan JSC KEGOC JSC
Final beneficiaries
 NWF Samruk-Kazyna JSC, Unified Accumulative Pension Fund JSC, minority shareholders
Product Electricity
Structure of project financing Project cost up to 201.789 bln ₸
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies up to 32 bln₸
Personal Interest of the Borrower 60.537 bln₸
Interest of other creditors in the project financing EBRD - 109.252 bln₸
Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency Tenge
Type of financing instrument Credit line
Rate of remuneration

If budget loan funds are available at the time of opening the availability period (Option - 1)

Fixed rates: 

Limit 1 – 2.847% per annum; 

Limit 2 – 14.56% per annum

In the absence of budget loan funds at the time of the opening of the availability period (Option 2)

Floating rates: 

Limit 1 – TONIA compounded +2.88%; 

Limit 2 – TONIA compounded +2.88%


Loan term Up to 20 years
Funding source The Bank's own and borrowed funds
Additional Information Address Astana, Almaty district, 59 Tauelsizdik ave.
Tel.

Chancellery:

8 (7172) 69-38-24

8 (7172) 69-05-68

8 (7172) 69-02-43

Email:

kegoc@kegoc.kz

Website
https://www.kegoc.kz/