Astana 11 May 2016
KEGOC announced an on-line auction to sell 49.9% stock of KazEnergoProvod LLP as a part of the Comprehensive privatization plan for 2016-2020.
The auction will be held on 20 May 2016 on the electronic trading platform of web portal of the Register of State-owned Property under the Ministry of Finance of the Republic of Kazakhstan: gosreestr.kz.
KazEnergoProvod LLP is located in the city of Semey, East Kazakhstan Oblast. Its core business is manufacturing and sale of ACSR type high-voltage conductor.
The reserve price is KZT 162.9 million.
N.B. According to the Comprehensive privatization plan, Samruk-Kazyna group shall dispose 217 facilities to place them into the competitive environment by 2020.
59 Tauyelzisdik Ave, Almaty District, Astana
Republic of Kazakhstan, 010010
Tel.: +7 (7172) 690-468, +7 (7172) 690-203
Fax: +7 (7172) 690-455
About the Company:
KEGOC is the System Operator of Unified Power System of Kazakhstan, and it owns and manages the assets of the National Power Grid (NPG). The company is the natural monopoly. It owns about 24.9 thousand km of 35-1150 kV electricity transmission lines and 77 electrical substations with 36.2 MVA of installed transformer capacity. These lines and substations form the NPG. The company employs more than 4.8 thousand people. More detailed information about the Company is available at its corporate website: www.kegoc.kz.