π Tender Overview
Location: Kazakhstan
Project number: 55163
Business sector: Municipal and environmental infrastructure
Notice type: State
EBRD Finance Summary: EUR 10,000,000.00
Total Project Cost: EUR 16,000,000.00
Project Description
A senior loan of up to β¬10 million ( in Kazakhstan Tenge equivalent) to a municipal tram operating company in the city of Pavlodar. The funds will finance the procurement of up to 25 modern energy-efficient battery powered trams to further modernise the company's obsolete tram fleet .
The project is expected to be co-financed by a β¬4 million loan from the Clean Technology Fund under Global Energy Storage Program (GESP) and the regional administration, Akimat of Pavlodar Oblast, for β¬2 million equivalent.
Project Objectives
The project is the continuation of the Bank's involvement in the improvement of tram operations in Pavlodar in terms of quality, reliability, sustainability and environmental, health and safety standards. The project contributes to the reduction of GHG emissions through an increase in energy efficiency. It is envisaged that the new tram fleet will have autonomous drive capacity of up to 20 km thus to allow the company to increase the share of energy-efficient trams operating daily from 30 per cent currently to 50 per cent. This will make the public transport sector of the city more sustainable and resilient to power shortages. The project will contribute to a city transport modal shift from private vehicles towards environmentally friendly public transport.
Transition Impact
ETI score: 60
Transition Impact is expected to arise from the Green Quality supported by reduced energy consumption and, hence, indirect reduction of GHG emissions of trams to be procured under the project.