Eurasian Energy Corporation JSC
Reconstruction of power station No. 5 and coal mine “Vostochny”
Energy
Funding status: Guarantee status: Assimilated
Information about Eurasian Energy Corporation JSC
| Project name | Reconstruction of power station No. 5 and coal mine «Vostochny» | |
| Project description | Reconstruction of power station No. 5 and coal mine «Vostochny» | |
| Borrower Development Bank of Kazakhstan JSC | Eurasian Energy Corporation JSC | |
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Final beneficiaries |
Alexander Mashkevich, Mukadaskhan Ibragimova, Patokh Shodiyev, Government of the Republic of Kazakhstan |
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| Product |
Electricity, coal |
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| Structure of project financing | Project cost | 463.418 mln $ |
| Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies |
360 mln $ |
|
| Borrower's own participation | 103.418 mln $ | |
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| Terms of granting the financing instrument of Development Bank of Kazakhstan JSC | Funding currency | US dollar |
| Type of financing instrument | Medium and Long-Term Lending | |
| Rate of remuneration |
- from the start of financing till December 08, 2022 - 6.3% per annum; - from December 9, 2022 till the end of the financing term - 6.72% per annum |
|
| Loan term | 8 years | |
| Funding source | Own funds | |
| Additional Information | Address | Aksu, Pavlodar region |
| Telephone | +7 (71837) 9‒99‒03 | |
| Website: | www.erg.kz | |