📋 Tender Overview
Project ID: 56409
Status: Exploratory
Location: Kazakhstan
Business Sector: Energy
Notice Type: Private
Approval Date: 19 Nov 2025
Disclosure date: 16 Oct 2025
Project Description
A senior loan to Ontustik Zharyk Tranzit ("OZHT", the "Company") to finance the Company's 2025-2029 investment programme (the "Project"). The Project includes modernisation of 0.4-10 kV transmission and distribution lines, substations, integration of digital solutions (SMART meters and feeders) and other auxiliary infrastructure to address aging assets, reduce losses and meet rising demand.
Project Objectives
The primary objective of the Project is to modernise OZHT's transmission and distribution infrastructure in the Turkestan region to support growing electricity demand and facilitate reduction of losses as well as integrate digital solutions.
Transition Impact
ETI score: 63
Primary TI: Resilient, Secondary TI Green: The Project is aligned with the EBRD's Green Economy Transition (GET) approach and will deliver transition impact through both resilience and climate change mitigation. Under the Resilient quality, the Project supports the modernisation of critical electricity infrastructure in Kazakhstan, enhancing system reliability, operational efficiency, and regulatory sustainability. Under the Green quality, the Project contributes to climate change mitigation by reducing losses resulting in lower greenhouse gas (GHG) emissions from generation.
Client Information
ONTUSTIK ZHARYK TRANSIT LLC
Project Entity: OZHT is a major private regional electricity distribution company in the Turkestan region, Kazakhstan. OZHT is owned by Kazakhstan Utility Systems ("KUS", rated BB-) (100%). OZHT operates over 23,885 km of 0.4-110kV of transmission lines, covering over 70,2% of transmission and 100% of distribution of the local demand.
KUS (BB-) is a private vertically integrated energy holding in Kazakhstan encompassing the entire production chain from electricity and heat generation to their distribution to end consumers.
