ALES Energy Transition and Modernization Project: Report and Recommendation of the President

The proposed loan will provide long-term local currency financing not readily available in the Kazakhstan market to replace an old and inefficient coal-fired combined heat and power plant (CHP) with modern state-of-the-art combined cycle gas turbine (CCGT) units. The project will deliver significant environmental benefits to Almaty, Kazakhstan’s largest city, through substantial reduction in emissions of carbon dioxide, particulate matter less than 2.5 micrometers in diameter, sulfur oxide, nitrogen oxide, and other greenhouse gases.

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated February 2023 is provided for the ADB project 56169-001 in Kazakhstan.


Reports and Recommendations of the President

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