Kazakhstan : EBRD provides Kazakhstan with $400 million syndicated loan for grid modernisation.

TendersInfo | June 6, 2008 | Copyright

Byline: pinto03

The EBRD is providing the state-owned Kazakhstan Electricity Grid Operating Company (KEGOC) with a $400 million syndicated unsecured loan to finance the second stage of the modernisation of substations and high-voltage equipment to ensure the efficiency, reliability and safety of Kazakhstan s transmission system.

The project is the first signing under the Sustainable Energy Action Plan (SEAP), launched by the Government of Kazakhstan and the EBRD today, to promote the conservation and rational use of energy resources as well as the efficient ...

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