IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
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Inception date: 05 Jul 2010 | Removal date: open ended
Still in force

Financial assistance in foreign market

An official press report of the Russian state corporation Vnesheconombank dated 5 July 2010 discloses the terms and conditions under which it facilitates the participation of Russian companies in the project for building of the third power generating unit of the Ekibastuz Power Station with an installed capacity of up to 540 MW in the Republic of Kazakhstan.
 
The total value of the project is about 800 million US dollars. The power station is to be owned on a parity basis by Russian and Kazakh shareholders with state participation (the Russian INTER RAO EES, who performs the construction works in Ekibastuz GRES-2 and the Kazakh Samruk-Kazyna). Vnesheconombank participates in the financing of the project with a credit line of up to 12 billion RUB (ca. 386 million USD as per the RUB/USD exchange rate for 5 July 2010) and maturity of 15 years.

AFFECTED COUNTRIES

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TABLE
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AFFECTED SECTORS AND PRODUCTS

171 Electrical energy
2716 Electrical energy. (optional heading)
271600 Electrical energy. (optional heading)

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