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M-KAT Solar PV Power Plant

Sector: Solar • Location: Kazakhstan

Source: World Bank Group

Project
Active

The project involves the design, construction, commissioning, and operations and maintenance of 100 MWp M-KAT Solar PV power plant, located next to the village of Shu in the Zhambyl region in Kazakhstan. The sponsor is Total Eren SA and the SPV is M-KAT Green LLP. In September 2016, Total signed a 15-year Power Purchase Agreement (PPA) with the Financial Settlement Center for Renewable Energy Sou

Status
Prospective
Sector
Solar, Commercial, Power Generation (CCGT), Power Transmission, Government
Location
Kazakhstan
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “M-KAT Solar PV Power Plant” is an infrastructure initiative in the Solar sector, located in Kazakhstan. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project involves the design, construction, commissioning, and operations and maintenance of 100 MWp M-KAT Solar PV power plant, located next to the village of Shu in the Zhambyl region in Kazakhstan. The sponsor is Total Eren SA and the SPV is M-KAT Green LLP. In September 2016, Total signed a 15-year Power Purchase Agreement (PPA) with the Financial Settlement Center for Renewable Energy Sources (FSC), which is owned by the Kazakhstan Electricity Grid Operating Company (KEGOC). The project cost is around EUR 105 million ($118 million). Debt funding is secured from ABD with $30.5 million loan in KZT equivalent and from EBRD with KZT 21.5 billion loan ($58 million). Financial close was announced on 3 July 2019. EPC contractor is METKA EGN, a subsidiary of MYTILINEOS SA. The project is under construction. https://www.adb.org/news/adbs-30-million-loan-m-kat-green-opens-new-clean-energy-pathway-kazakhstan https://www.adb.org/projects/52224-001/main https://www.total-eren.com/wp-content/uploads/2019/07/PR-Total-Eren-Kazakhstan_English_FINAL.pdf https://www.ebrd.com/work-with-us/projects/psd/kazref-mkat-green-solar-power-plant.html

Original sector

Energy

Budget

Location

Country

Kazakhstan

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Commercial, Power Generation (CCGT), Power Transmission, Government

Article published date

2024-09-19

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