diff --git a/pkgs/development/python-modules/python-otcextensions/default.nix b/pkgs/development/python-modules/python-otcextensions/default.nix
index 56b435ffc307..851dfa1d5722 100644
--- a/pkgs/development/python-modules/python-otcextensions/default.nix
+++ b/pkgs/development/python-modules/python-otcextensions/default.nix
@@ -19,14 +19,14 @@
 
 buildPythonPackage rec {
   pname = "python-otcextensions";
-  version = "0.32.29";
+  version = "0.34.1";
   pyproject = true;
 
   src = fetchFromGitHub {
     owner = "opentelekomcloud";
     repo = "python-otcextensions";
     tag = version;
-    hash = "sha256-hqxCnIfVJPnlwree0+kY9iXXjPMoGd06tVT+yT6rex8=";
+    hash = "sha256-zD7kvm1/GrhwokXK1I35g2HMD6kUU87MnmQ37GtSO2Q=";
   };
 
   env.PBR_VERSION = version;