EDB Supports Kazakhstan’s Power Plant Expansn with $240 Million Investment

The Eurasian Development Bank (EDB) has committed $240 million to the expansion and modernization of the Karaganda Combined Heat and Power Plant 3 (CHPP-3), marking a significant investment in Kazakhstan's energy infrastructure.

Karaganda Energotsentr is the primary electricity producer in the Karaganda Region and the sole provider of district heating for the city of Karaganda.

The project will increase the generation capacity of Karaganda CHPP-3 by 140 MW of electricity and 180 Gcal/hour of heat, ensuring reliable energy supplies to Kazakhstan’s grids and heat distribution to new residential microdistricts in Karaganda, The Caspian Post reports, citing the bank.

This initiative addresses generation capacity shortages in the Karaganda energy hub, meets the growing demand for electricity and enhances the efficiency and reliability of CHPP-3. In addition, the upgraded facility will supply heat to over 400 additional homes and social institutions, improve overall heat distribution and uphold high safety standards.

The new power unit will feature state-of-the-art energy and environmental systems, fully compliant with the requirements of Kazakhstan’s Environmental Code for new equipment. Advanced dust filtration systems and reductions in nitrogen, sulphur and carbon oxide emissions are expected to significantly lower the plant’s environmental impact.

“This project is an important step in modernising the region’s energy infrastructure, and the expanded Karaganda CHPP-3 will become the largest combined heat and power plant in the country. We are pleased that our cooperation will enable the implementation of cutting-edge technology, improve power supplies and contribute to the development of the Karaganda Region,” said Ruslan Dalenov, Vice Chairman of the EDB Management Board.

The project underscores the EDB’s commitment to sustainable development and its efforts to modernise infrastructure and improve living standards in its member countries. The Bank remains dedicated to supporting projects that advance key sectors, implement innovations and enhance environmental safety.

“The expansion of CHPP-3 is not just an investment in the energy sector - it is a contribution to the future of the region and the well-being of its residents. By installing the new power unit, we are strengthening energy supplies in the Karaganda Region while working to improve environmental standards at generation facilities. The project will also create additional jobs,” said Sabyrgali Idrisov, General Director of Kazakhstan Utility Systems.