Initiator of the project

Private investor

Management

Management of the Company has a team of professionals, including project implementation specialists and industry experts

Industry

Energy

Purpose of the project

Project provides for construction and subsequent operation of a cascade of small hydroelectric power plants in the Zhambyl region.

Project compliance with development goals of the Republic of Kazakhstan

·         Project corresponds to several state programs (State Program of Industrial-Innovative Development of the Republic of Kazakhstan for 2015–2019, “Business Roadmap 2020” program).

Implementation period:

2021-2022

Location

Zhambyl region

Investments

about KZT 11 billion

Power

18.0 MW

Current status of the project

•      Feasibility study has been developed

•      Working project has been developed

•      RSE "Gosexpertiza" report was received

•      Conclusion of the state environmental expertise was received

•      Archaeological conclusion was received

•      Large diameter pipes are purchased

•      Right on temporary land use is granted.

•      Technical specifications (TS) for connection to the networks of "ZHES" LLP are received

•      Agreement for the purchase of electric energy was signed by Financial Settlement Center (FSC KEGOC JSC)

•      At the moment, work is underway to attract debt and equity financing.

Fund participation in the Project

The Fund plans to provide consulting services for raising funds and developing project documentation.