Business

EBRD Supports Alatau Zharyk’s Grid Modernization Program

By Dana Omirgazy on 9 September 2026

ASTANA – The European Bank for Reconstruction and Development (EBRD) will provide a long-term loan of up to 102 billion tenge (US$224.2 million) to Alatau Zharyk Company (AZhC) to modernize its electricity distribution infrastructure and expand digitalization. The financing will help AZhC, a regional electricity distribution company supplying around...