Kazakhstan Project Notice - ALES Energy Transition And Modernization Project


Project Notice

PNR 50802
Project Name ALES Energy Transition and Modernization Project
Project Detail The proposed Project will gradually decommission and replace inefficient coal-based power generating units with combined cycle gas turbine (CCGT) units with an installed capacity of up to 600 MW for electricity and 957 GCal/h for heat. The plant will be constructed at the existing site of the Almaty combined heat plant 2 (CHP-2) with all grid and heating pipeline infrastructure in place. Project Name ALES Energy Transition and Modernization Project Project Number 56169-001 Borrower / Company Joint Stock Company Almaty Electric Stations Sovereign Wealth Fund Samruk-Kazyna JSC Country / Economy Kazakhstan Location Almaty Type or Modality of Assistance 4304 Loan Ordinary capital resources KZT 98,799.63 million Approved Operational Priorities OP2: Accelerating progress in gender equality OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability OP4: Making cities more livable Strategic Agendas Environmentally sustainable growth Inclusive economic growth Drivers of Change Private sector development Sector / Subsector Energy / Conventional energy generation Gender Equity and Mainstreaming Effective gender mainstreaming Responsible ADB Department Private Sector Operations Department Responsible ADB Division Infrastructure Finance Division 1 Responsible ADB Officer Abdrakhmanov, Alibek Project Sponsor(s) Samruk-Energy JSC Description The proposed Project will gradually decommission and replace inefficient coal-based power generating units with combined cycle gas turbine (CCGT) units with an installed capacity of up to 600 MW for electricity and 957 GCal/h for heat. The plant will be constructed at the existing site of the Almaty combined heat plant 2 (CHP-2) with all grid and heating pipeline infrastructure in place. Objectives and Scope The Project will deliver significant environmental benefits to Almaty, the largest city in Kazakhstan with a population of two million residents, through substantial reductions in particulate matter (PM), sulfur dioxide (SO2), nitrogen dioxide (NO2), CO2 and other emissions. The Project will also reduce greenhouse gas (GHG) emissions due to lower CO2-intensity in gas fuel compared to coal. CHP-2 is the largest district heating and power plant in Kazakhstan and is a major contributor to air pollution in the city. The Project will also provide flexible generation capacity that is critical to counterbalance intermittency of power generation from renewable sources. Linkage to Country/Regional Strategy The Project is aligned with the strategys key operational priorities (i) tackling climate change; and (ii) making cities more livable and pursue projects to promote urban health and environmental sustainability. The Project is aligned with the existing ADBs Kazakhstan country partnership strategy (CPS) in supporting strategic priorities of managing climate change mitigation.
Funded By Asian Development Bank (ADB)
Sector Energy & Power
Country Kazakhstan , Central Asia
Project Value Plz Refer Document

Contact Information

Company Name Asian Development Bank (ADB)
Web Site https://www.adb.org/projects/56169-001/main

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