The Housing Committee approved a $40 million loan for power lines and substation repairs.

Ирэн Орлонская Economy
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In the Jogorku Kenesh, the relevant committee approved the draft agreement with the International Development Association (IDA), aimed at financing the program "Development of the Electricity Market and Integration of Energy Systems" (REMIT).

As part of this initiative, the construction of a high-voltage power transmission line "Kristall - Zhyldyz" with a voltage of 220 kilovolts and a length of 17.9 kilometers is planned.

Additionally, the project includes a complete reconstruction of the 220 kilovolt substations "Kristall" and "Torobaev," which have been in operation for over 45-50 years.

To implement these plans, a concessional loan of $40 million is provided, with a repayment period of 25 years. The grace period will be five years, and the interest rate will be 1.5% per annum.
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