Development
Strategy

The business of KEGOC has a strategic importance for the development of the entire economy of Kazakhstan and can affect the interests of a wide range of stakeholders, which shall be taken into account by the company, when making decisions and building a long-term strategy. The company focuses on careful consideration of the interests of the society and proactive development of Kazakhstan national power grid, decent working conditions and welfare of people, and protection of the environment. This is reflected in the development strategy of KEGOC.

The Government assigned to KEGOC the status of the system operator of Kazakhstan UPS and thus invested the Company with the following functions: secure parallel operation with power systems of other countries, maintain balance in the power system, render system services, purchase ancillary services from the wholesale electricity market entities, transport electricity in Kazakhstan national power grid, service the grid and maintain its operational availability.

Long-Term
Strategic Objectives

Goal 1.

Ensure reliable operation of Kazakhstan UPS, i.e., quality delivery of functions of the System Operator of the UPS of Kazakhstan; quality operational maintenance, repair and modernization of existing assets; increasing the transmission capacity of the NPG through the construction of new power transmission lines and substations; technological development and digitalization of business.

Goal 1 performance

Goal 2.

Ensure efficient operation of KEGOC by increasing the efficiency of invested capital and developing new types of business; implementation of KEGOC’s Transformation Programme and the development of international cooperation.

Goal 2 performance

* Indicators are calculated in accordance with Annex 4 to KEGOC Development Strategy 2018-2028 (impact of key external and regulatory factors).

Goal 3.

Enhance corporate governance and sustainability by improving the OHS management system; improving corporate governance; human capital development and environmental protection.

Goal 3 performance

* In accordance with the letter of Samruk-Kazyna JSC, the diagnostics of Corporate Governance to confirm the level of corporate governance “BBB” is postponed to 2021. Therefore, the assessed level of corporate governance has been left at the level confirmed in 2018.