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Alaugas - Kyzyl-Orda

Sector: Government • Location: Kazakhstan

Source: World Bank Group

Project
Cancelled

This local electricity distributor for the region of Kyzyl-Orda has charter capital of 23,887,000 Tenge. Shareholders are the Ulan company (51%), employees (10%), Ipf-"Yntymak" (10%), Blok-Invest (10%), Sham-Invest (7%), Turan-Invest (7%), Baikonyr-Invest (4%) and Seimar-Invest (1%). The last six acquired stakeholdings through the coupon privatisation in June, 1994. The divestiture revenues raised

Status
Closed
Sector
Government, Natural Gas, Oil and Gas, Power Generation (CCGT)
Location
Kazakhstan
Updated
22 Jul 2026
Source
World Bank Group

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The project “Alaugas - Kyzyl-Orda” is an infrastructure initiative in the Government sector, located in Kazakhstan. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

This local electricity distributor for the region of Kyzyl-Orda has charter capital of 23,887,000 Tenge. Shareholders are the Ulan company (51%), employees (10%), Ipf-"Yntymak" (10%), Blok-Invest (10%), Sham-Invest (7%), Turan-Invest (7%), Baikonyr-Invest (4%) and Seimar-Invest (1%). The last six acquired stakeholdings through the coupon privatisation in June, 1994. The divestiture revenues raised by the government in those coupon auctions were US$7,035 (Tenge 381,700) in 1994. The Ulan Company bought its stake for $200,000 in 1997and has pledged a further investment $1.8 million over the next 5 years. As of 2000, KazTransGaz (KTG), a subsidiary of KazMunayGas, Kazakstan's national oil and gas company, was set up to maintain, manage and operate the entire gas distribution network in Kazakhstan. Consequently, there were no private sponsors that owned or managed the gas distribution network, since KTG was the sole owner of the network. Also, as of 2000, Alaugas was no longer listed on the Kazakh Stock Exchangce (KASE)

Original sector

Energy

Budget

Location

Country

Kazakhstan

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Government, Natural Gas, Oil and Gas, Power Generation (CCGT)

Article published date

2024-06-03

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