Company
Profile

Kazakhstan Electricity Grid Operating Company (KEGOC) was established in accordance with Decree No.1188 of the Government of Kazakhstan dated 28 September 1996 “On some measures to restructure power system management in Kazakhstan”, and is the company managing the National Power Grid of the Republic of Kazakhstan and has the status of the System Operator of the Unified Power System of the Republic of Kazakhstan. The date of initial registration of KEGOC is 11 July 1997.

Until 2006, 100% of KEGOC shares had been owned by the government. In 2006, state share (100%) was transferred to Samruk JSC (the Kazakhstan holding company for management of public assets) as a payment for the placed shares. In 2008, the joint-stock companies: Kazyna Sustainable Development Fund and Samruk State Asset Management Holding of Kazakhstan were merged to form Sovereign Wealth Fund Samruk-Kazyna JSC (Samruk-Kazyna JSC or the Fund), the successor of Kazakhstan Holding for Management of State Assets Samruk JSC.

On 18 December 2014 as part of the Programme for public offering of Samruk-Kazyna’s shares of affiliates and subsidiaries on the stock market, KEGOC placed 25,999,999 authorized ordinary shares on the Kazakhstan Stock Exchange through subscription.

In accordance with the legislation of the Republic of Kazakhstan in the electricity sector, KEGOC carries out the following main activities:

electricity transmission in the national power grid;
technical dispatching of the electricity supply and consumption in the grid;
management of electricity production and consumption balancing.

The above-mentioned services in Kazakhstan are considered by the regulations as the natural monopoly services, which is why KEGOC’s operations are regulated by the law of the Republic of Kazakhstan “On natural monopolies”.

Mission and Vision

Mission

Reliable operation and effective development of Kazakhstan Unified Power System (UPS) in accordance with the state-of-the-art technical, economic and environmental challenges and occupational health-and-safety requirements.

Vision

We are a leading Company having reliability and performance indicators consistent with the level of the best world companies.

Our aim is to continuously increase the value for all stakeholders through development of the National Power Grid using advanced technologies, providing conditions for utilisation of transit and export potential and fostering corporate social responsibility.

Business Model

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Values

Justice and honesty
Challenge and development
Unity and responsibilities
Traditions and respect

Our business

Electricity transmission 46.16 billion kWh
Technical dispatching of electricity supply to the grid 98.99 billion kWh
Balancing of production and consumption of electricity 192.86 billion kWh
Implementation of infrastructure projects

Our performance

Net profit KZT 53.4 billion
Dividends paid per share KZT 48.86 for 2019 / KZT 77.09 for the 1st half of 2020
Share price as on 31 December 2020 KZT 1,687.81
Reliability WWP 98.63% / SML 5.21 minutes
Social stability rating 91%
Occupational accidents 0

Our assets

81 substations with the installed transformer capacity of 38,746.05 MVA
9 MES branches and the NDC SO
26 997.923 km of overhead transmission lines
4 731 emplyees
Modern technologies

Capacities

Capacity and number of KEGOC substations as of 31 Dec. 2020, MVA

The main asset of the Company is the National Power Grid (NPG), which at the end of 2020 consists of 377 overhead transmission lines (OHTL) of 0.4-1150 kV with a total length of 26,997.923 km (circuits) and 81 electrical substations (SS) of 35-1150 kV with an installed transformer capacity of 38,746.05 MVA. They ensure the cross-border electric power flows, transmit electric power from power plants and connect the regional power companies with major consumers.

Length of KEGOC OHTLs as on 31 Dec. 2020, km

Company Structure

KEGOC operations cover the entire territory of the Republic of Kazakhstan. The structure of the Company includes 9 intersystem electric networks branches (MES branches) and the National Dispatch Centre of the System Operator (NDC SO) also as a branch.

KEGOC is the parent company of Energoinform JSC and Financial Settlement Centre for Renewable Energy Sources Support LLP (FSC RES LLP).

Energoinform JSC provides maintenance of NPG equipment and telecommunication services for the Company’s operations.

FSC RES LLP was established in 2013 to encourage investments in renewable energy sector and increase the share of renewable energy in the Kazakhstan energy mix through government-guaranteed and centralized electricity purchase from all renewable energy facilities (who have chosen such support scheme) in accordance with the fixed rates..

FSC RES LLP was assigned by the Minister of Energy of the Republic of Kazakhstan (order No. 357 dated 7 September 2018) the single buyer of centralized procurement of services service of maintaining the readiness of electric capacity and centralized provider of services of ensuring readiness of electricity capacity to bear the power load.

KEGOC is also a co-founder (20%) of Batys Transit JSC established in 2005 to implement the project for the construction of inter-regional power transmission line linking the North Kazakhstan with Aktobe oblast

Place of Operations