ADB’s loan opens new clean energy pathway in Kazakhstan
NUR-SULTAN (TCA) — The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created for the project—to build and operate a solar plant to ease power supply shortages and boost the share of renewable sources in Kazakhstan’s energy mix, the Bank said on July 3.
