Pavlodar Tram Phase II (EBRD-55163)

Countries
  • Kazakhstan
Geographic location where the impacts of the investment may be experienced.
Specific Location
City of Pavlodar
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 11, 2024
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
TRAM MANAGEMENT COMPANY OF THE CITY OF PAVLODAR
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 10.74 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 10
Converted using 2024-07-01 exchange rate.
Project Cost (USD)
$ 17.18 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 16
Converted using 2024-07-01 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Aug 26, 2024

Disclosed by Bank Jul 1, 2024


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the project consists of a senior loan of up to EUR10 million ( in Kazakhstan Tenge equivalent) to a municipal tram operating company in the city of Pavlodar. The funds will finance the procurement of up to 25 modern energy-efficient battery powered trams to further modernise the company's obsolete tram fleet.

The project is the continuation of the Bank's involvement in the improvement of tram operations in Pavlodar in terms of quality, reliability, sustainability and environmental, health and safety standards. The project contributes to the reduction of GHG emissions through an increase in energy efficiency. It is envisaged that the new tram fleet will have autonomous drive capacity of up to 20 km thus to allow the company to increase the share of energy-efficient trams operating daily from 30 per cent currently to 50 per cent. This will make the public transport sector of the city more sustainable and resilient to power shortages. The project will contribute to a city transport modal shift from private vehicles towards environmentally friendly public transport.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The proposed project has been categorised B in accordance with the 2019 EBRD Environmental and Social (E&S) Policy, as the potential impacts are expected to be site specific and readily identifiable and addressed through mitigation measures.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

A senior loan of up to EUR10 million ( in Kazakhstan Tenge equivalent). The project is expected to be co-financed by a EUR4 million loan from the Clean Technology Fund under Global Energy Storage Program (GESP) and the regional administration, Akimat of Pavlodar Oblast, for EUR2 million equivalent.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

TRAM MANAGEMENT COMPANY OF THE CITY OF PAVLODAR is a municipal tram operator in Pavlodar owned by the Akimat of Pavlodar Oblast through the Social-Entrepreneurial Corporation "Pavlodar" JSC.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - TRAM MANAGEMENT COMPANY OF THE CITY OF PAVLODAR Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

COMPANY CONTACT INFORMATION

Tram Management Company of the city of Pavlodar named after D.D. Makhmudov Mr. Vitaly Sirik, Deputy Chairman for Economy and Finance
pavltu@pavlodartram.kz
+7 7182 33-38-23
http://www.pavlodartram.kz
258 Northern Industrial Zone, Pavlodar, Republic of Kazakhstan

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html

How it works

How it works