Press release on the reduction of cap tariffs for regulated services of KEGOC

English

As a result of the stable growth of the national economy, KEGOC, the System Operator of the Unified Power System of Kazakhstan, expects an increase in consumption and production of electricity, and, accordingly, in amount of its sale of servces.

Also on 14 December 2018, the Ministry of Energy of the Republic of Kazakhstan decided to reduce cap tariffs for energy-producing organizations starting 1 January 2019.

Based on these two factors and with the support of Samruk-Kazyna and the Committee on Regulation of Natural Monopolies, Protection of Competition and Consumer Rights of the Ministry of National Economy of the Republic of Kazakhstan, KEGOC also decided to reduce the tariff limits starting 1 January 2019 with respect to:

- electricity transmission: from 2.823 to 2.496 KZT / kWh;

- technical dispatching of electricity delivered to and consumed in the grid: from 0.306 to 0.237 KZT / kWh;

- electricity production and consumption balancing: from 0.098 to 0,088 KZT / kWh).

KEGOC believes that this reduction will support on the well-being of Kazakhstanis and future growth of the economy of Kazakhstan.

About the Company

KEGOC is the System Operator of the Unified Power System of Kazakhstan, and it owns and manages the assets of the National Power Grid (NPG). The company operates as the natural monopoly. It owns more than 25,000 km of 110-1150 kV electricity transmission lines and 78 electrical substations with 36.7 GVA of installed transformer capacity. These lines and substations form the NPG. The company employs more than 4.7 thousand people. More detailed information about the Company is available at its corporate website: www.kegoc.kz.

Tel: 690-415.