2019 KEGOC JSC Annual Report
2019 KEGOC JSC Annual Report
2019
KEGOC JSC
Annual
Report
РУ EN ҚЗ
KEGOC JSC
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  1. Short review
  1. About Company
  2. Development Strategy
  3. Operating Performance Review
  4. Risk Management and Internal Control
  5. Corporate Governance
  6. Sustainable development
  7. Financial Statements
  8. Contacts
Annual Report
2019

1.
Short
review

  • 43.97
    billion kWh
    Electricity transmission in National
    Power Grid of Kazakhstan
  • 40.3
    KZT billion
    Net
    profit
  • 1,613.5
    KZT
    share price
    in 2019
Company
Profile
Key
Indicators
Letter from the Chairman of KEGOC’s Board of Directors
Letter from the Chairman of KEGOC’s Management Board
Corporate
Events
Annual Report
2019

2.
About
Company

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’.

  • 88.5
    EBITDA, KZT billion
  • 0.52
    SML, min.
  • 99.64
    WWP, %
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Annual Report
2019

3.
Development
Strategy

  • Goal 1: Ensure reliable operation of the unified power system of Kazakhstan, 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 NPGs of the Republic of Kazakhstan through the construction of new power transmission lines and substations; technological development and digitalization of business.
  • 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 3: Improve corporate governance and sustainable development by improving the OHS management system; improving corporate governance; human capital development and environmental protection.
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Annual Report
2019

4.
Operating
Performance
Review

  • 374
    overhead transmission
    lines (OHTL)
  • 80
    electric
    substations (SS)
  • 155
    power
    plants
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Annual Report
2019

5.
Risk Management
and Internal
Control

The corporate risk management system (CRMS) is a key component of the corporate governance system that shall timely identify risks, evaluate them, and develop risk management measures that would mitigate their impact on the achievement of strategic and operational goals of KEGOC.

The objective of the CRMS is to ensure continuity and stability of operations by mitigating the exposure to internal and external adverse impact on KEGOC’s operations.

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Annual Report
2019

6.
Corporate
Governance

  • General meeting of shareholders
  • Board of directors
    • Audit committee,
    • Nomination and remuneration committee,
    • Strategic planning and corporate governance committee,
    • Occupational health, safety and environmental protection committee.
  • Management board,
    • Investment committee,
    • Risk committee,
    • Budget committee,
    • Human resources development committee,
    • Debtors and creditors committee,
    • Inventory committee.
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Annual Report
2019

7.
Sustainable
development

We believe that the main contribution of any business to the achievement of the SDGs lies in employment opportunities, taxes and socio-economic development, as well as in respect for the environment. In addition, real and long-term positive changes can be achieved only by taking into account the management of our environmental impact (in a broad sense), focused response, cooperation with key players and stakeholders and the expansion of our efforts.

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Annual Report
2019

8.
Financial
Statements

Consolidated financial statements

As at and for the year ended 31 December 2019
with independent auditor’s report

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Annual Report
2019

9.
Contacts

Kazakhstan Electricity Grid Operating Company
(KEGOC) joint-stock company

59 Tauyelsizdik Ave.,
Nur-Sultan, Kazakhstan

Tel. :+7 (7172) 69-38-24, 69-02-03
Fax: +7 (7172) 69-04-55
E-mail: kegoc@kegoc.kz
Web: www.kegoc.kz

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