December 14
KEGOC JSC paid dividends on common shares based on the results of the first half of 2023
December 4
An agreement was signed in Beijing between KEGOC JSC and China Power International Development Limited on the implementation of a Pilot project for the introduction of an electric power storage system in the UPS of the Republic of Kazakhstan
November 30
Moody's Investors Service (Moody's) has confirmed the rating of KEGOC JSC at the level of ‘Baa2’, raising the outlook from ‘stable’ to ‘positive’
November 29
The launch of new power lines built to strengthen the electric network of the Western zone of the Republic of Kazakhstan took place in Atyrau region
November 24
KEGOC JSC took part in the international intersystem emergency response training for dispatchers at the System Operator Personnel Training Center in Moscow
November 20
KEGOC JSC hosted a visiting meeting of members of the Committee on Ecology and Environmental Management of the Mazhilis of the Parliament of the Republic of Kazakhstan headed by Deputy Chairman of the Mazhilis of the Parliament of the Republic of Kazakhstan Albert Rau
November 10
A solemn ceremony of launching secondary trading in shares of KEGOC JSC placed within the framework of the SPO took place on the AIX exchange
November 9
Nabi Aitzhanov, Chairman of the Board of KEGOC JSC, met with leading experts of the World Bank on bilateral cooperation in the field of energy
November 8
Samruk-Kazyna JSC and KEGOC JSC reported on the results of the SPO of KEGOC JSC on the KASE and AIX exchanges, which took place from September 28 to November 2, 2023
October 16
The collection of applications from new investors within the framework of the SPO of KEGOC JSC, conducted on KASE and AIX, has started
October 13
KEGOC JSC received a positive opinion on the environmental impact of the project to combine the energy system of Western Kazakhstan with the UPS of the Republic of Kazakhstan
October 10
From October 2 to 5 of this year, KEGOC JSC hosted competitions of electrical maintenance crews for overhead lines (OHPL) at the training ground at the 500 kV Almaty substation of the Almaty branch of KEGOC JSC (Almaty region, Zhambyl district)
October 6
KEGOC JSC has launched a roadshow in the cities of Kazakhstan within the framework of the annual fair of Kazakhstani brokers KASE FEST. Pavlodar became the first city, potential investors were told about why buying shares of KEGOC JSC is a profitable investment
October 6
The Committee for Atomic and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan issued JSC KEGOC a passport of readiness for work in the autumn-winter period 2023-2024
October 5
The Public Council of Samruk-Kazyna JSC heard information on the progress of preparation of KEGOC JSC and Samruk-Energy JSC for the autumn-winter period 2023-2024
October 3
Astana International Exchange (AIX) has approved the prospectus for the issue of securities of KEGOC JSC
September 27
The General Meeting of Shareholders of KEGOC JSC decided to hold an SPO
September 26
A special General Meeting of Shareholders of KEGOC JSC was held, at which the financial statements of KEGOC JSC as of and for the six months ended June 30, 2023, the procedure for distributing net income, the amount of the dividend per common share of KEGOC JSC for the first half of 2023 were approved, and a decision was made to pay dividends on ordinary shares of the Company, the issue of placement within the declared number of ordinary shares of KEGOC JSC, on amendments to the Regulations on the Dividend Policy of KEGOC JSC, on amendments to the Charter of KEGOC JSC was considered
September 21
Chairman of the Management Board of KEGOC JSC Nabi Aitzhanov visited the branch of Western MES in Atyrau. During the working trip, the head of KEGOC JSC met with the staff of the production branch, where development prospects, production plans, as well as a vision for the further implementation of the Company's social policy were announced
September 21
In the cities of Aktobe and Atyrau, KEGOC JSC held open public hearings as part of the development of a feasibility study (FS) of a promising project ‘Combining the energy system of Western Kazakhstan with the UPS of the Republic of Kazakhstan. Construction of electric grid facilities’. The meetings were held with the participation of representatives of local executive bodies of the relevant administrative-territorial units
September 15
A special General Meeting of Shareholders of KEGOC JSC was held, at which it was decided to increase the number of declared shares of the Company by 15,294,118 ordinary shares, in connection with which the total number of declared shares of KEGOC JSC will amount to 275,294,118 ordinary shares
August 31
Chairman of the Board of KEGOC JSC Nabi Aitzhanov took part in the II Conference on Kazakh-Chinese Cooperation on the development of renewable Energy and Science in the Republic of Kazakhstan
August 29
Nabi Aitzhanov, Chairman of the Management Board of KEGOC JSC, met with representatives of the Asian Development Bank. The parties discussed the current status of the project ‘Strengthening the electric grid of the Southern zone of the UPS of the Republic of Kazakhstan’, as well as promising areas of cooperation in the field of electric power industry
August 29
A round table on the topic ‘Problems of integration and dispatching of renewable energy generating facilities: experience, barriers and opportunities to improve planning efficiency’ was held at the KEGOC JSC site
August 25
The independent rating agency S&P Global has assigned KEGOC JSC an ESG rating of S&P Global CSA Score 2023 at the level of 51/100
August 22
KEGOC JSC took part in the 62nd meeting of the CIS Electric Power Council
August 17
KASE hosted the Day of the issuer of KEGOC JSC. During the meeting, investors, professional participants in the securities market and media representatives got acquainted with the results of the Company's activities for the first half of 2023
August 4
KEGOC JSC has implemented a centralized emergency control system (CSPA). The system ensures the reliability of the NPG in real time and minimizes disconnections of consumers in case of disruptions in the operation of the power grid
August 3
Implementation of the ‘Single Buyer of Electric Energy’ mechanism
July 31
An extraordinary General Meeting of Shareholders of KEGOC JSC was held, at which it was decided to appoint Nabi Aitzhanov as Chairman of the Board of KEGOC JSC
July 27
Public hearings of Reports on the execution of the approved tariff estimates, on the execution of the approved investment program, on compliance with quality and reliability indicators of regulated services and achievement of performance indicators of natural monopoly entities to consumers and other interested parties based on the results of the 1st half of 2023 were held
July 20
KEGOC JSC has completed construction and installation work on two sections of the 220 kV transit under construction in the Western Region
June 15
A Forum of veteran power engineers of the Republic of Kazakhstan and the CIS was held with the participation of heads of electric grid companies and representatives of sectoral government agencies
June 8
KEGOC JSC has started the practical implementation of a project to strengthen the electric grid of the Southern zone of the Republic of Kazakhstan in cooperation with the Asian Development Bank
June 7
KEGOC JSC received the Green Finance Awards 2023 award
May 31
KEGOC JSC paid dividends based on the results of the second half of 2022
May 17
S&P Global has confirmed KEGOC's rating at BB+ with a stable outlook
May 2
The Annual General Meeting of Shareholders of KEGOC JSC was held following the results, at which the financial statements of KEGOC JSC for the year 2022 ended December 31, 2022, the procedure for distributing net income, the amount of the dividend per common share of KEGOC JSC for the second half of 2022 were approved, and a decision was made to pay dividends on common shares of the company, as well as amendments and additions to the Regulations on the Board of Directors of KEGOC JSC, as well as the issue of appeals from shareholders to the actions of KEGOC JSC and its officials and the results of their consideration
April 21
At the public hearings, Reports were presented on the implementation of the approved tariff estimates, on the implementation of the approved investment program, on compliance with quality and reliability indicators of regulated services and achievement of performance indicators of natural monopoly entities to consumers and other interested parties by the end of 2022
April 17
KEGOC JSC has started implementing a project to modernize the dispatcher hardware and software complex - an automatic data collection and operational control system (SCADA/EMS)
April 1
KEGOC JSC updated the Development Plan (Strategy) of KEGOC JSC for 2023-2032
March 31
The successful placement of ‘green’ bonds of KEGOC JSC on the KASE trading platform with a total volume of KZT 16.9 billion with a weighted average yield to maturity of 19.51% per annum
March 14
Standard & Poor's Global (S&P Global) has confirmed the rating of KEGOC JSC at the level of BB+, raising the forecast from ‘negative’ to ‘stable’
March 7
KEGOC JSC summed up the results of the traditional competition for the best innovation proposals
February 17
According to the results of the KASE competition, KEGOC JSC became the winner in the nominations ‘Best design of the annual report’ and ‘Best interactive version of the annual report’
February 9
Fitch Ratings has confirmed the rating of KEGOC JSC at the level of ‘BBB-’ the forecast is ‘stable’
January 12
KEGOC JSC paid dividends on common shares based on the results of the first half of 2022
January 6
A positive conclusion was received on the environmental impact of the project to strengthen the network of the Southern zone of the UPS of the Republic of Kazakhstan
23 December
Moody’s rating agency has published a credit report and confirmed the rating of KEGOC at the level of “Baa2” with a “Stable” outlook.
22 December
KEGOC hosted an off-site meeting of the Ministry of Energy of the Republic of Kazakhstan with the participation of representatives of leading energy organizations. The meeting summarized the results of the Unified Electric Power System (UPS) work for 2022.
At the meeting, market participants discussed a variety of industry-related issues as well as solutions to accumulated problems.
21 December
KEGOC successfully placed “green” bonds on Kazakhstan Stock Exchange (KASE) for the amount of KZT 16.1 billion with a margin of 3%.
30 November
The Extraordinary General Meeting of Shareholders of KEGOC approved the new revision of KEGOC’s Charter.
The changes in the main document relate to the extension of the powers of the general meeting of shareholders, as well as some issues concerning the organisation of the work of the company’s board of directors and management board.
November
Employees of KEGOC took part in emergency recovery operations to eliminate emergencies in the city of Ekibastuz.
27 October
The extraordinary General Meeting of Shareholders of KEGOC was held, at which the semi-annual financial statements of KEGOC for 2022 were approved including a decision to pay dividends, and the amount of the dividend per one ordinary share of KEGOC.
In accordance with the approved financial statements, the company’s consolidated net income for the first half of 2022 amounted to KZT 14 billion. The total amount of dividends payable will be KZT 17 billion, including KZT 3 billion of retained earnings of previous periods.
Thus, KEGOC allocated 120% of net profit for payment, which will amount to KZT 65.44 per share
21 October
KEGOC held first heal and safety forum. The event was attended by representatives of the Ministry of Energy of the Republic of Kazakhstan, managers and experts in the field of HSE (Health Safety Environment) of Samruk-Kazyna and companies included in its structure, KEGOC, as well as representatives of companies from the CIS countries.
13th October
The Committee for Nuclear and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan issued KEGOC a certificate of readiness for operation in 2022-2023 autumn-winter period.
September
KEGOC early fully repaid a loan from the International Bank for Reconstruction and Development in the amount of USD 46.3 million. Loan funds in the amount of USD 71.4 million were raised in 2010 for the implementation Alma Electricity Transmission Project, for a period of 25 years.
13 September
KEGOC issued the first “green” bonds. The funds will be used to carry out the company’s projects related to the construction of network infrastructure required for large-scale penetration of renewable energy sources in the energy balance, ensuring the country’s energy security, and increasing the efficiency of electricity transmission.
The issue amounted to KZT 35 billion of 35 million coupon bonds without collateral, with a face value of KZT 1,000 per piece.
September
S&P Global Ratings affirmed KEGOC’s rating at “BB+”, revising the outlook from “stable” to “negative” following a similar change in the outlook for the sovereign rating of the Republic of Kazakhstan.
29 July
A new 220 kV Ortalyk substation was commissioned. The substation was completed as part of the project KEGOC’s “Turkestan External Power Supply Reinforcement Project. Construction of Power Grid Facilities’.
28 July
KEGOC held public hearings to report performance of the approved tariff estimates, the approved investment programme, compliance with the quality and reliability standards of regulated services and the achievement of performance targets of a natural monopoly in H1 2022 to consumers and other interested parties.
18 July
An extraordinary General Meeting of Shareholders of KEGOC was held in the format of absentee voting, at which a decision was made to early terminate the powers of Zhanbota Bekenov, a member of the Board of Directors, an independent director of KEGOC. Damir Suentaev was elected to the vacancy of a member of the Board of Directors of KEGOC, an independent director, with the term of office until the expiration of the powers of the Board of Directors of KEGOC.
11 July
Kazakhstan Electricity Grid Operating Company (KEGOC) celebrated its 25th anniversary.
20 June
KEGOC paid dividends in the amount of KZT 13.2 billion for 2021.
17 June
KEGOC presented its performance, achievement of strategic KPIs, and investment project progress in 2021 at the Issuer’s Day held in a hybrid format (online-offline) for investors, professional participants in the securities market and media representatives.
7 June
The public council of Samruk-Kazyna heard information about KEGOC’s operations. Participants in the meeting became acquainted with the previous year’s performance, the progress of implementation of strategic indicators and investment projects. Members of the public council were also provided with information about the operation of Energotekhprofsoyuz, the trade union, compliance functions, and other areas.
26 May
KEGOC held an annual General Meeting of Shareholders to approved the KEGOC’s annual financial statements for 2021. According to the statements the net income of the Company amounted to KZT 52.6 billion.
It was decided to pay dividends for the second half of 2021 in the amount of KZT 13.2 billion, which, per ordinary share, will amount to KZT 50.85 (fifty tenge 85 tiyn).
27 April
KEGOC held public hearings to report performance of the approved tariff estimates, the approved investment programme, compliance with the quality and reliability standards of regulated services and the achievement of performance targets of a natural monopoly in 2021 to consumers and other interested parties.
15 March
KEGOC won the Kazakhstan Stock Exchange (KASE) annual competition and received a diploma as a company demonstrating the best examples of business behavior in the securities market in terms of disclosing information about itself and its activities.
In addition, the Company’s Annual Report placed fourth out of 94 reports from Kazakhstani and foreign companies in PwC Kazakhstan’s Information Disclosure Rating, earning the Diploma “Best Practice in ESG Disclosure.”
1 February
As part of the practical implementation of the Action Plan in pursuance of the instructions of the President of the Republic of Kazakhstan on the issues of reforming Samruk-Kazyna JSC, from February 1, KEGOC JSC increased salaries and remuneartion rates of personnel. At the same time, the size of the quarterly bonus has also been increased, due to which the total annual income in 2022 will increase: by 28% -48% for operational personnel, by 15% -36% for engineering and technical personnel, and by 10% - 15% for middle managers and executives.
30 December
Financial Settlement Centre for Renewable Energy Sources Support, the subsidiary of KEGOC was alienated by gratuitous transfer to the state ownership of 100% of the stock owned by KEGOC.
21 December
The Board of Directors of KEGOC approved the updated Development Strategy of KEGOC for 2022-2031.
15 December
KEGOC took second place in the second Qazaqstan Project Management Awards-2021 national competition with the project of Automation of control modes of the Unified Power System of Kazakhstan.
24 November
An Extraordinary General Meeting of Shareholders of KEGOC was held, during which, on the personal initiative of Bakytzhan Kazhiyev, his powers as the Chairman of the Management Board and a member of the Board of Directors of KEGOC were prematurely terminated.
The Extraordinary General Meeting of Shareholders of KEGOC appointed Kanysh Moldabayev Chairman of the Management Board of KEGOC for a period of three years, and his powers as Chairman of the Board of Directors of KEGOC were also prematurely terminated.
19 November
KEGOC paid dividends on its ordinary shares for the first half of 2021. The amount of dividends was KZT 22,027,082,239.2 or KZT 84.72 per ordinary share.
21 October
KEGOC successfully placed bonds on Kazakhstan Stock Exchange JSC (KASE) for the amount of KZT 16.6 billion with yield of 11.50 % per annum.
14 October
The Committee for Nuclear and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan issued KEGOC a certificate of readiness for operation in 2021-2022 autumn-winter period.
21 May
In accordance with the decision of the annual General Meeting of Shareholders, KEGOC paid dividends for 2020. The amount of dividends was KZT 19.5 billion or KZT 75.01 per ordinary share.
27 January
KEGOC successfully placed 8.9 billion bonds on Kazakhstan Stock Exchange JSC (KASE) for the amount of KZT 8.6 billion with weighted average yield to maturity of 11.6161 % per annum.
28 December
A new collective agreement for 2021-2025 was signed between KEGOC and employee representatives
14 December
KEGOC paid interest on the first coupon period on bonds of the first issue within the second bond program of KEGOC (ISIN KZ2С00006658, KASE main market, category “bonds”, KEGCb3) on December 09, 2020. The total amount of coupon interest paid was 533,500,000.00 (five hundred thirty-three million five hundred thousand) tenge 00 tiyn, coupon yield - 11.0% (eleven) percent per annum.
11 December
In Astana, under the chairmanship of KEGOC JSC, a meeting of the Coordinating Electric Power Council of Central Asia (Council) was held.
30 October
KEGOC paid dividends on common shares of KEGOC for the first half of 2020. The total amount of funds allocated for the payment of dividends amounted to 20 billion tenge, or 77.09 tenge per ordinary share.
7 September
KEGOC paid the author's fee in the amount of 5 million tenge. For the first time in the history of the Company such amount of remuneration was received by the employees of the Vostochnye MES branch A. Zapolsky, A. Ivanov and E. Tastanbekov. The introduction of their rationalization proposal into production allowed the company to obtain an economic effect in the amount of more than 51 million tenge.
3 September
KEGOC paid interest on the third coupon period on bonds of the second issue within the first bond program of KEGOC (NIN KZP02Y15F289, ISIN KZ2C00003978, KASE main market, "bonds" category, KEGCb2). The total amount of paid coupon interest amounted to 4.1 billion, coupon yield - 11.5% per annum.
11 June
KEGOC paid dividends for 2019. The total amount of dividends amounted to 12.7 billion tenge or 48.86 tenge per ordinary share.
28 May
There was a successful placement of KEGOC bonds on the Kazakhstan Stock Exchange (KASE) with a total volume of 9.7 billion at par value in the amount of 9.03 billion tenge with a yield of 12% per annum.
6 May
For the 75th anniversary of the Victory in the Great Patriotic War and Defender of the Fatherland Day, KEGOC employees planted 75 trees.
6 March
Fitch Ratings has affirmed the Kazakh Electricity Grid Operating Company (KEGOC) long-term foreign currency issuer default rating at 'BBB-'. The forecast is stable.
15-18 October
KEGOC held professional skill competitions, in which the team of electricians of Almatinskiye MES branch of KEGOC took the first place in servicing overhead lines of the national power grid.
22 August
KEGOC’s employees participated the annual charity campaign titled ‘Let’s Help Children Prepare for School’
August
KEGOC successfully completed the construction of 220 kV OHTL between Tulkubas traction SS and Burnoye traction SS under Kazakhstan Electricity Transmission Rehabilitation Projects, Phase II.
July
KEGOC completed the implementation of Pavlodar Electricity Transmission Reinforcement Project
27 June
The employees of KEGOC and its subsidiaries supported the affected by the emergency in the town of Arys by transferring oneday salary to a special fund established to support the residents of the town
27 April
KEGOC held a sports marathon dedicated to the World Day for Safety and Health at Work for the employees of the company
15-22 April
In the city of Kostanay, the regular VIII professional skill contest of the operational and dispatching staff of the regional dispatch centres (RDCs) of KEGOC took place
January
Starting 1 January 2019, the Republic of Kazakhstan launched a new energy market: the electric capacity market, which divided the once single electricity market into two separate segments: electricity and capacity
11 December
During a live national TV-conference participated by the President of Kazakhstan, KEGOC put into operation 500 kV overhead line Shulbinskaya HPP (Semey) - Aktogai - Taldykorgan - Alma.
30 November
KEGOC was the first portfolio companies of Samruk-Kazyna signed the contract for supply of high-voltage equipment with domestic producers under the Agreement on Cooperation between Samruk-Kazyna Sovereign Wealth Fund and Atameken Kazakhstan National Chamber of Entrepreneurs.
29-30 November
In Rudny city, KEGOC held a sport event for the employees of KEGOC; the first team place was taken by the Sarbaiskiye MES branch athletes.
2 November
The central office of KEGOC held the 53rd meeting of CIS Electric Power Council (CIS EPC), attended by delegations of state authorities and companies of the electric power industry from Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia and Uzbekistan, and representatives of the Executive Committee of the CIS, Eurasian Economic Commission and Energiya Coordinating Dispatch Centre.
17-20 September
KEGOC's team won the second place in the XV International competition for the professional skill of electric power industry experts from the CIS member-states, which took place in Belarus, in the city of Brest.
24-25 November
In Karaganda city, KEGOC held a sport event for the employees of KEGOC dedicated to the Independence Day of the Republic of Kazakhstan and the 20th anniversary of KEGOC.
21 September
KEGOC's team took the first place in the competition for knowledge of the state language held among employees of Samruk-Kazyna group of companies.
7 August
To reduce the debt burden, KEGOC early repaid EUR 23.8 million of two semi-annual payments for 2018 under EUR 228.41 million loan extended by the European Bank for Reconstruction and Development for the implementation of Kazakhstan Electricity Transmission Rehabilitation Project, phase 2.
14 July
KEGOC held an international conference, dedicated to the 'Astana EXPO-2017' international exhibition and celebration of the 20-year anniversary of KEGOC.
26 May
In Almaty KEGOC chaired an important regional event in the power industry, namely the 26th meeting of the Coordination Electric Power Council of Central Asia (CEPC CA).
5 January
The Company early repaid the EBRD loan of USD 151.9 million that was raised to complete 'Ossakarovka Transmission Rehabilitation Project'
29 December
KEGOC became a prize winner in the following nominations: The Best Sustainability Report, The Best Interactive Annual Report and Design and Printing Art in the annual reports contest for 2016 held by RAEX (Expert RA Kazakhstan).
12 December
Extended meeting of the KEGOC's Modernization Board with the participation of Umirzak Shukeyev, the Chairman of the Management Board of Samruk-Kazyna, discussed the Roadmap business transformation programs KEGOC for 2017, the portfolio of projects and projected financial program of business transformation performance of KEGOC for 2020 - 2015.
6 December
Commissioning of 500 kV Ekibastuz-Shulbinsk HPP (Semey) -Ust-Kamenogorsk Electricity Transmission Project.
18 November
KEGOC paid dividends on ordinary shares (KZ1C34930012) following 2016 in the amount of six billion four hundred eighty one million eight hundred thousand (6,481,800,000) tenge.
17 November
25th anniversary meeting of the Coordination Electric Power Council of Central Asia
28 October
Extraordinary General Meeting of Shareholders of KEGOC considered the proposed distribution of net income, decided to pay dividends on ordinary shares, approved the amount of dividends per one ordinary share of KEGOC for H1 2016, and decided to change the number of members of the Board of Directors of KEGOC to eight (8) members. The independent members were elected and their term of office was aligned with the term of office of the Board of Directors of KEGOC in general.
23 September
KEGOC team took the first place in the XIII International repair and maintenance competition for 110 kV and higher electricity transmission lines to test the professional skill of electric power industry experts from CIS countries.
9 September
KEGOC and trade union representatives signed new Collective Agreement for 2016-2020
July
KEGOC became a member society of International Council on Large Electric Systems (Conseil International des Grands Réseaux Électriques – CIGRE). CIGRE members include more than 1,000 organizations and more than 6,000 experts in all areas of the electricity industry.
29 April
The annual General Meeting of KEGOC's Shareholders reviewed and approved the annual financial statements of KEGOC for the year ended on 31 December 2015.
16 October
The extraordinary general meeting of shareholders approved the new revised versions of the Regulations on the General Meeting of KEGOC Shareholders, Charter, Corporate Governance Code and the Regulations on KEGOC Board of Directors.
25 September
KEGOC team took the second place in the XII International competition to test the professional skill of electric power industry experts from CIS countries – International repair and maintenance competition for 110 kV and higher electricity transmission lines.
21 September
The Committee on Regulation of Natural Monopolies and Protection of Competition under the Ministry of National Economy of Kazakhstan approved cap tariffs of Kazakhstan Electricity Grid Operating Company – KEGOC JSC for 2016-2020.
25 May
KEGOC paid dividends on ordinary shares following 2014 in the amount of 8,613,800,000 (eight billion six hundred and thirteen million eight hundred thousand) tenge.
13 May
KEGOC declared commencement of KEGOC Business Transformation Programme aimed to improve the efficiency of its activities.
30 April
The first Annual General Meeting of KEGOC Shareholders took place and approved the annual financial statements, distribution of the net profit, decision to pay dividends on ordinary shares, and the amount of the dividend per one ordinary share of KEGOC for 2014.
18 December
As part of People's IPO programme KEGOC offered its ordinary shares on the Kazakhstan stock market through subscription. The number of KEGOC's ordinary shares floated on the Kazakhstan stock market is 25,999,999.
21 May
The company completed construction of the new office building.
2 July
During the republican teleconference held as part of the Government reporting on the progress of the national industrial innovative programme titled ‘New industrialization: the results of H1 2014’, Mr Nazarbayev, the President of Kazakhstan, formally launched the large-scale project for construction of a 500 kV transmission line going from the north through to the east and the south of the country.
11 June
KEGOC released the first unique industry business guide: ‘Corporate social responsibility for energy companies: raising the business efficiency’.
11 April
KEGOC won The Best National Employer award in the Senim 2014 contest.
December
KEGOC became the winner of Paryz-2013 prize by winning the gold medal in the nomination for the Best socially responsible enterprise among large businesses.
KEGOC completed the construction of 500 kV OHTL YuKGRES - Alma ahead of the schedule.
November
Fitch Ratings confirmed the long-term issuer default rating (IDR) of the Kazakhstan Electricity Grid Operating Company (KEGOC) at BBB+ level.Outlook – Stable.
July
Based on the results of the scheduled supervision audit, the current integrated management system of KEGOC was recognized as satisfactory to international standards.
May
KEGOC joined the United Nations Global Compact.
March
KEGOC was honoured with the II degree diploma 'En uzdik zhumys berushi – ulttyk kompaniya' (The best national employing company) in Senim 2012 Contest.
July
The head of the state signed the Capacity Market Law of the Republic of Kazakhstan initiated by KEGOC.
December
The Innovation and Technology Development Strategy 2025 was approved
The Scientific and Technical Council approved the Master plan for energy sector development up to 2030.
November
The company held public hearings regarding the Project ‘Construction of 500 kV OHTL Ekibastuz – Shulbinsk HPP – Ust-Kamenogorsk.
The Company implemented the instructions of the Head of state relating to reinforcement of the capital power region. Installation of new autotransformer was finished at 500 kV TsGPP SS; Astana capacity reserves increased by 25 % - to 500 MVA. On 20 October the autotransformer was energised.
October
Under the Moinak Electricity Transmission Project, new section of 220 kV overhead lines connected the hydroelectric power plant with Kazakhstan UPS and consumers in the southern power region.
May
Loan agreement was signed with the EBRD within the Ossakarovka Transmission Rehabilitation Project to the amount of USD 156 million, including the finds for rehabilitation of 220 kV OHTL amounting to USD 14.8 million, and the rest part purposed for refinancing the previous EBRD and DBK loans.
March
Standard & Poor's rating agency raised the corporate governance rating from GAMMA to GAMMA 5+
January
The Company was positioned in the first echelon among participants of People's IPO.
December
Loan agreement was signed with the International bank for reconstruction and development to the amount of USD 78 million for implementation of the Alma Electricity Transmission Project
The Company completed commissioning of new microprocessor-based protective relays and substation monitoring and control system supplied under the Kazakhstan Electricity Transmission Rehabilitation Project, Phase I. The protective relays and substation monitoring and control system were rehabilitated at 67 KEGOC substations.
November
According to the decision of the Board of Directors, subsidiary EnergoInform JSC was established
April
A complete package of agreements was signed to ensure parallel operation of the power systems of Kazakhstan and Russia. It was a new stage in partnership relations with Inter RAO UES JSC, FGC UES and SO UES (Russia).
KEGOC Long-Term Development Strategy 2025 was approved at the meeting of KEGOC Board of Directors
February
The first transaction was performed through the electronic centralised electricity trading system
December
The last component of protective relays and automation rehabilitation was finished within the Kazakhstan Electricity Transmission Rehabilitation Project.
November
Loan agreement was signed with the International bank for reconstruction and development to the amount of USD 48 million for implementation of the Moinak Electricity Transmission Project.
September
On 17 September, official ceremony marking the commissioning of section of 500 kV OHTL Ekibastuz-Agadyr took place at 1150 kV Ekibastuzskaya SS with participation of the Head of the state Nursultan Nazarbayev. The transmission line was accepted for commercial operation with taking-over certificate approved by order No. 327 of the Ministry of Energy and Mineral Resources dated 04 December 2009.
This megaproject included construction of 1096 km of 500 kV overhead lines; the capacity of the power bridge linking the North and the South of Kazakhstan doubled to 1350 MW.
27 May
500 kV OHTL Agadyr-YuKGRES (the third phase of the Project 'Construction of 500 kV Second Transmission Line of Kazakhstan North-South Transit) was successfully commissioned with participation of Karim Massimov, Prime Minister of the Republic of Kazakhstan. The transmission line was accepted for commercial operation with taking-over certificate approved by order No. 243 of the Ministry of Energy and Mineral Resources dated 10 September 2009.
December
On 17 December, 500 kV OHTL Northern Kazakhstan - Aktobe oblast was energized at Ulke SS. 500 kV OHTL Zhitikara-Ulke was commissioned with taking-over certificate approved by order No. 359 of the Ministry of Energy and Mineral Resources dated 31December 2009.
The Corporate Governance Code was approved by the decision of the Sole shareholder.
22 October
The official ceremony marking the commissioning of 500 kV OHTL YuKGRES - Shu took place at 500 kV Shu SS (Zhambyl oblast). The first phase of the Construction of 500 kV Second Transmission Line of Kazakhstan North-South Transit was successfully finished. The transmission line was accepted for commercial operation with taking-over certificate approved by order No. 298 of the Ministry of Energy and Mineral Resources dated 03 December 2008.
June
In Atyrau, during the meeting of the Council of foreign investors, the Company entered into a Loan agreement with the EBRD for unsecured loan amounting to Euro 255 million to fund the Kazakhstan Electricity Transmission Rehabilitation Project, Phase II.
22 December
Relocation of the National Dispatch Centre from Almaty to Astana (the capital of Kazakhstan) was complete. New supervisory control centre was presented to foreign guests, participants of CIS Electric Power Council.
As a part of implementation of the Kazakhstan Electricity Transmission Rehabilitation Project, SCADA/EMS was put into operation.
Analogue communication networks were replaced with digital communication networks within the Kazakhstan Electricity Transmission Rehabilitation Project, Phase I (branch exchange, Radio Relay Communication, PLC)
6 September, Ulke Substation
The Head of the state, Nursultan Nazarbayev, launched the construction of 500 kV inter-regional power transmission line North Kazakhstan - Aktobe oblast. This public-private partnership project was implemented with Batys Tranzit JSC; 20% of shares of the concessioner are owned by KEGOC.
February
In pursuance with the Decree of the Government of the Republic of Kazakhstan, the state share was transferred to Samruk JSC (the Kazakhstan holding company for management of public assets) as a payment for the placed shares.
November
The Company signed Loan agreements with the IBRD, the EBRD and the DBK within the Project for 'Construction of 500 kV Second Transmission Line of Kazakhstan North-South Transit' to the amount of USD 187.8 million and KZT 6,970.1 million.
10 June
The first meeting of the Coordination Electric Power Council of Central Asia took place in Astana.
August
In pursuance with the order of the Ministry of Energy and Mineral Resources, KEGOC was assigned with functions of System Operator of Kazakhstan Unified Power System.
By decision of the Board of Directors the branch 'Central office of Central Dispatch Administration (CDA) of the Unified Power System of Kazakhstan' was renamed to 'the National Dispatch Centre of the System Operator'.
June
The head office was relocated to the capital of Kazakhstan – the city of Astana.
March
The Company signed Loan agreements with the EBRD and the Development Bank of Kazakhstan (DBK) within the Project for 'Construction of 500 kV Second Transmission Line of Kazakhstan North-South Transit' to the total amount of USD 81 million.
January
The Law on power industry was adopted; the Law defines status, rights and obligations of KEGOC.
7 January
Kazakhstan Electricity Association was established; KEGOC was one of its founders.
The Company entered into loan agreements with the International Bank for Reconstruction and Development and the European Bank for Reconstruction and Development to raise finds for the Kazakhstan Electricity Transmission Rehabilitation Project, Phase I to the total amount of USD 185 million.
25 November
Agreement for parallel operation of the power systems of the CIS members-states was signed at the meeting of the Council of CIS State Leaders.
8 October
An application was made to the National patent office for registration of the name and the logo of the Company.
The leading international rating agencies confirmed the financial standing of the Company.
11 July
Kazakhstan Electricity Grid Operating Company (KEGOC) joint stock company was founded based on the asset portfolio of KazakhstanEnergo National Holding within structural reforms in the power system management in the Republic of Kazakhstan.
