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Kazakhstan : $21.7 million boost for energy efficiency in KAZAKHSTAN

June 21, 2014

The World Bank is giving a $21.7 million grant to Kazakhstan to develop an energy efficiency project in the nation.

It inked an agreement with the Government for the four-year project to help the country make a favourable policy environment and reach its energy efficiency potential.

The cash will be used to upgrade about 75 public facilities in the nation, including hospitals and schools as well as street lighting across the nation.

The Bank said, The project will also focus on improving the institutional framework supporting the creation of sustainable energy financing mechanisms as well as public campaign to promote energy efficiency.

The Ministry of Industry and New Technologies will be responsible for the coordination of the project execution.

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Source: TendersInfo (India)

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