KEGOC secures KZT141 billion funding for West Kazakhstan project
Kazakhstan Electricity Grid Operating Company (KEGOC) has signed loan agreements with the European Bank for Reconstruction and Development (EBRD) and the Development Bank of Kazakhstan for a total of KZT141 billion. Of this, up to KZT32 billion is from the Development Bank of Kazakhstan. The funds will support the West Kazakhstan Electricity Interconnection Project, which includes constructing the 604.3 km, 500 kV Karabatan–Ulke transmission line along the Atyrau-Aktobe motorway, expanding the 500 kV Ulke substation,…