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ADB to provide $214m loan to upgrade CHP plant in Kazakhstan

By District Energy posted 06-21-2023 15:26

  

Power Technology

Summary

The Asian Development Bank (ADB) has agreed to provide a loan of KZT98bn ($214m) to Almaty Electric Stations, which is wholly owned by Samruk Energy, for upgrading a coal-fired combined heat and power plant (CHP) in the city of Almaty, Kazakhstan.

The loan will be used to upgrade the Almaty Electric Stations CHP Plant 2 with combined cycle gas turbine (CCGT) units.

ADB private sector operations director general Suzanne Gaboury stated: “Kazakh winters are long and cold and the heating season lasts for more than half the year.

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