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Tatenergo

Sector: Chemical (Industrial) • Location: Russian Federation

Source: World Bank Group

Project
Cancelled

Russia's major petrochemicals company Nizhnekamskneftekhim bought a 12.5% stake in Russia's regional power generating utility, Tatenergo. Tatenergo produced a total of 23.8 billion KW of power in 2001.

As of 2002, Tatarstan State Property Committee owned 35.2% of the company's shares, Nizhnekamskneftekhim and Co. 15.6%, TAIF 10%, Tatneftekhiminvest holding 3%, other corporate investors and nom

Status
Closed
Sector
Chemical (Industrial), Government, Power Generation (CCGT), Power Transmission, Manufacturing (Industrial)
Location
Russia
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Tatenergo” is an infrastructure initiative in the Chemical (Industrial) sector, located in Russian Federation. 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

Russia's major petrochemicals company Nizhnekamskneftekhim bought a 12.5% stake in Russia's regional power generating utility, Tatenergo. Tatenergo produced a total of 23.8 billion KW of power in 2001. As of 2002, Tatarstan State Property Committee owned 35.2% of the company's shares, Nizhnekamskneftekhim and Co. 15.6%, TAIF 10%, Tatneftekhiminvest holding 3%, other corporate investors and nominal shareholders 15.7%, and private investors 20.5%. As of January 2004, Tatenergo was owned by OAO Svyazinvestneftekhim (51%) and the Tatarstan land ministry (49%). OAO Svyazinvestneftekhim was a 100% government owned holding company. Tatenergo was set up in April 2003 during the privatization of Production Energy Unity Tatenergo. As of January 2004, OAO Svyazinvestneftekhim, a holding company wholly owned by the regional government, owns 51% of the company and Tatarstan's Ministry of Land and Property Relations has 49%.

Original sector

Energy

Location

Country

Russia

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Chemical (Industrial), Government, Power Generation (CCGT), Power Transmission, Manufacturing (Industrial)

Article published date

2024-06-05

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