Construction of the Turgusun HPP in the East Kazakhstan region
Energy
Funding status: Guarantee status: Assimilated
| Project name | Construction of the Turgusun HPP in the East Kazakhstan region | |
| Project description | Construction of small scale hydropower plant. The project is implemented within the framework of the State Program of Industrial and Innovative Development of the Republic of Kazakhstan for 2015 - 2019 | |
| Borrower Development Bank of Kazakhstan JSC | Turgusun-1 LLP | |
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Final beneficiaries |
Talgat Akhmetov, Nurymzhan Sopbekov, Arssen Jamaludinov, Gabbas Bekturov, Kanat Abishev |
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| Structure of project financing | Project cost |
13,55 bln ₸ |
| Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies |
10,322 bln ₸ |
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| Borrower's own participation |
3,23 bln ₸ |
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| Terms of granting the financing instrument of Development Bank of Kazakhstan JSC | Funding currency | Kazakhstani tenge |
| Type of financing instrument | Medium- and long-term lending to investment projects | |
| Rate of remuneration |
7% and 15% annualin tenge |
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| Loan term |
till 07.15.2036 |
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| Funding source | Equity capital of DBK JSC, raised funds | |
| Additional Information | Address | East-Kazakhstan region, Altai district, Altai |