# EDB to finance gas turbine unit at Aktobe CHP plant for KZT 16 billion

The Eurasian Development Bank signed a KZT 16 billion loan agreement with the Aktobe CHP plant to finance construction of a gas turbine unit with a waste heat boiler, expanding capacity to 175 MW. Up to 120 jobs will be created during construction.

- Type: Investment
- Announced: 2021-06-01
- Where: Aktobe, Kazakhstan
- Value: $38.0M (16.0B KZT)
- Jobs: 120
- Status: announced
- Capacity: 175 MW (increase of 57 MW, 48%)
- Products: electricity, heat, gas turbine unit, waste heat boiler
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Aktobe CHP plant](https://endata.com/companies/55582.md)
- [Eurasian Development Bank](https://endata.com/companies/55581.md) (investor)

## Sources

- [eabr.org](https://eabr.org/en/press/news/the-edb-to-finance-construction-of-a-gas-turbine-unit-with-a-waste-heat-boiler-at-the-aktobe-chp-pla/), 2021-06-03: "The modernisation of existing power plants and the construction of new facilities will both improve the environmental performance of enterprises and promote economic development in the region."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.