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Nura solar plant

Sector: Commercial • Location: Kazakhstan

Source: World Bank Group

Project
Active

The project entails the construction of a 100 MW solar plant called Nura located in North Kazakhstan. Total investment stands at $ 158 million or 10.18 billion rubles. Sponsor of the project is Hevel Group. Eurasian Development Bank provided debt but information about the value of it is unavailable. For renewable energy projects in Kazakhstan, a green tariff was introduced, which is indexed for 15

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

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The project “Nura solar plant” is an infrastructure initiative in the Commercial 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 entails the construction of a 100 MW solar plant called Nura located in North Kazakhstan. Total investment stands at $ 158 million or 10.18 billion rubles. Sponsor of the project is Hevel Group. Eurasian Development Bank provided debt but information about the value of it is unavailable. For renewable energy projects in Kazakhstan, a green tariff was introduced, which is indexed for 15 years: 70% of the price - in relation to the tenge-dollar rate, 30% - by the level of annual inflation. EDB also financed the purchase of 95 % of the capital of the company responsible for the development of the project by Hevel Group. Financial close took place on June 17, 2019. https://inbusiness.kz/ru/last/kompaniya-hevel-namerena-kupit-tri-solnechnye-elektrostancii-v-kazahstane http://www.hevelsolar.com/about/news/khevel-postroit-v-kazakhstane-odnu-iz-krupneishikh-v-sng-solnechnykh-elektrostancii/ https://kaztrade.ru/news/kazahskoe-solnce-prigrelo-hevel.html https://eabr.org/press/news/khevel-postroit-v-kazakhstane-odnu-iz-krupneyshikh-v-sng-solnechnykh-elektrostantsiy/, https://www.energycentral.com/news/eurasian-development-bank-funds-construction-solar-park-kazakhstan

Original sector

Energy

Budget

Location

Country

Kazakhstan

Source

Source

World Bank Group

URL

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Record type

Project

Sector

Commercial, Power Generation (CCGT), Solar, Car parking, Government, Automotive

Article published date

2024-09-23

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