Invitation to Partnership

Invitation to Partnership

 to participate in the investment under the Project "Construction of Infrastructure Facilities of the Special Economic Zone «National Industrial Petrochemical Technopark" in the Atyrau region (Karabatan sections). Additional power unit of CCPP 165 MW"

1. About Karabatan Utility Solutions " and SEZ "National industrial petrochemical technopark"

Karabatan LLP Utility Solutions was established in 2014 and is part of the Samruk-Kazyna National Welfare Fund JSC group of companies, being a subsidiary of Samruk-Kazyna Ondeu" LLP (former «United Chemical Company» LLP). In order to implement the project "Construction of infrastructure facilities of the special economic zone" National Industrial Petrochemical Technopark "in the Atyrau region, Karabatan Utility Solutions LLP is determined by the operator for the construction of industrial and general infrastructure facilities of the SEZ "NINT". At the moment, the following facilities have been built and put into operation:

  • Steam and gas turbine power plant 310 MW - put into operation at the end of 2019;

  • Complex for water treatment and water purification - put into operation in December 2021;

  • General plant infrastructure - commissioned in April 2023.

The special economic zone "National industrial petrochemical technopark" in the Atyrau region was established by Decree of the President of the Republic of Kazakhstan dated December 19, 2007 No. 495 for the period until December 31, 2032.

Goals of creation:
Development and implementation of breakthrough investment projects for the creation and development of world-class petrochemical industries for the deep processing of hydrocarbon raw materials and the production of wide competitive petrochemical products with high added value.

Management body JSC “Management company of SEZ “NINT”

Validity period 2007 – 2032

2. Brief description of the Project

Name subsection

Information

essence project

Construction of an additional power unit of the CCPP with a preliminary capacity of 165 MW on the territory of the National Industrial Petrochemical Technopark in the Atyrau region (Karabatan sections)

Type, type and subtype of the project

Project type - CAPEX (capital investment projects), project type - cap (capital projects), project subtype - NC (new construction).

Project implementation status

Perspective

Initiator project

Karabatan Utility Solutions LLP

Project implementation stage

Development of a feasibility study and search for a strategic investor

Project implementation period

  • 2023 - 2027, including number:

  • study development - 8 months 2023

  • Development of design and estimate documentation for the "Project" stage - 4 months.
  • Development of design and estimate documentation for the stage "Working documentation" - 14 months, 2024-2026;
  • Purchase equipment - 13 months, 2025-2027;

  • Construction and installation works - 27 months, 2025-2027;

  • Commissioning - 3 months 2027

Main goods and services produced and design capacity

Electricity generation, providing additional production of 1.358 billion kWh of electricity per year.

Total: 1.358 billion kWh of electricity per year.

It is planned to install two gas turbine units, two HRSG, one steam turbine (block diagram 2+2+1) with a total electrical preliminary capacity of 165 MW.

Project implementation region

Atyrau region (Karabatan section) territory of SEZ NINT

Justification of the need to implement the project, the expected effect of the project

Increasing the power supply capacity due to the construction of an additional 165 MW ССPP power unit for power supply to the participants of the SEZ "NINT", GTP "KASHAGAN" and CPC with ensuring the maximum level of profitability.

Project cost

Estimated financial costs - according to Doosan's commercial offer Enerbility under the EUR 174.7 million EPC contract, excluding VAT, includes:

  • design, purchase and supply of equipment - 140.6 million euros without VAT;

  • construction - 34.1 million euros without VAT;

The final cost and configuration of the Project will be determined based on the results of the feasibility study (December 2023)

Project financing structure

Preliminary funds of Samruk-Kazyna NWF JSC /KUS/investor – 30%;

Borrowed funds -70%

3. Current status of the Project implementation

  • A contract for development of the Project Feasibility Study was concluded with «KazNIPIEnergoprom» Institute JSC - expected completion date December 2023;

  • The issue of debt financing is being worked out. The process of preliminary review with Eurasian Development Bank JSC has started. An export guarantee mechanism is being worked out with the South Korean Export Credit Agency (K-SURE) in case the equipment supplier is from South Korea.

4. Invitation for partnership proposal for cooperation:

We hereby invite interested organizations to provide Karabatan Utility Solutions LLP with a comprehensive package of documentation on the proposed cooperation by 1 December 2023, which includes the following:

a. Statement of interest in cooperation on the GTPP project with a capacity of 165 MW.

b. Description of the legal entity acting as a potential Partner, including a description of work experience demonstrating the availability of financial capabilities for the design, construction and operation of a gas turbine power plant.

c. A detailed description of the implementation of business relations of the project according to the scheme of strategic partnership through equity participation in the implementation of the Project.

d. Designated management contact persons responsible for further negotiations with KUS LLP

e. Any other elements of cooperation that are important.

5. Applications:

a. Scheme of power distribution of ССPP 310 MW; ССPP 165MW

b. The proposed layout of the ССPP

c. Preliminary schedule for the implementation of the ССPP

Contact Information:

Berniyaz Meirman
Director of the Department of Economic Planning and Treasury Karabatan Utility Solutions LLP

meirman@kus.com.kz 

 office. +7 7122 763 660#114

 mob.: +7 701 756 05 66

Maksat Suimbekov
Deputy Director of the Design Department Karabatan Utility Solutions LLP

suimbekov@kus.com.kz 

office: +7 7122 763 660#115

mob. : + 7 701 789 47 93