EBRD and government support modernisation of district heating in Kazakh city of Aktobe
The European Bank for Reconstruction and Development (EBRD) and the government of Kazakhstan are providing financing to modernise and upgrade district heating facilities and infrastructure in the city of Aktobe in north western Kazakhstan. The EBRD is lending up to 3.1 billion tenge (US$ 11.5 million equivalent) to JSC Transenergo, a municipal district heating company to support the modernisation programme. A further 3.6 billion tenge in concessional funding is being provided by the govern ru.cbonds.info »