Development Bank of Kazakhstan backs construction of Turgusunskaya Hydro Power Plant in East Kazakhstan region

23.02.17 12:40
/KASE, February 23, 2017/ – Development Bank of Kazakhstan (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press release to announce "the project funding opening to build Turgusunskaya HPP with a capacity of 24.9 MW in the East Kazakhstan region (Project). The total project cost is KZT11.6 bn, the loan by DBK is KZT5 bn, the loan tenor is 12 years. The project is being financed within the framework of the State Program Industrial and Innovative Development of Kazakhstan for 2015-2019". Full version of the press release – http://www.kase.kz/files/emitters/BRKZ/brkz_reliz_230217_1.pdf [2017-02-23]