KEGOC Modernization II Loan

Summary

The project involves modernization of substations and high-voltage equipment of JSC "Kazakhstan Electricity Grid Operating Company" (KEGOC).

Expected Outcome

The project will enable the Kazakhstan Electricity Grid Operating Company (KEGOC) to ensure stability and reliability of the power system, and equal access to the wholesale electricity market for both electricity producers and consumers.

Expected Outputs

Substations and high-voltage equipment of KEGOC modernized.

Project Types

Loan

Funding

Funding AgencyAmount (USD millions)Notes
European Bank for Reconstruction and Development 187.4
Other Fund Sources 187.4
Total 374.8
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