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Kyrgyzstan signs contracts with Kazakh buyers of export electric power

Oil&Gas Materials 12 July 2010 14:35 (UTC +04:00)
Kyrgyzstan has signed contracts with four of five Kazakh companies – buyers of export electric power.
Kyrgyzstan signs contracts with Kazakh buyers of export electric power

Kyrgyzstan has signed contracts with four of five Kazakh companies - buyers of export electric power. Head of the Export Department of Electrical Stations OJSC Kutbidin Nazhimidinov reported to 24.kg news agency.

According to him, representatives of the fifth supplier company, Active Energotrade LLP, will arrive at the capital of Kyrgyzstan today for signing a contract for supply.

As 24.kg news agency informed earlier, the expert commission on consideration of proposals has recommended five buying companies. Apart from Active Energotrade LLP, in whose regard there were many questions on existing arrears, the list included Temirzholenergo LLP, Energotrade, GES-Energo Almaty, Energopotok, Ontustik Zharyk.

The maximum required volume of electric power, 1.5 billion kilowatts, is mentioned in the proposal of GES-Energo Almaty LLP. But, as Kutbidin Nazhimidinov notes, the volumes of export good will be distributed according to possibilities of Kyrgyzstan's power system and needs of Kazakhstan's market.

"We have executed contracts with all companies till November 2010. The average cost of electric power is about three cents. This price will not be reduced yet for the time being," stated Kutbidin Nazhimidinov.

He underlined that many companies showed their willingness to execute a contract also for winter months. However, Kutbidin Nazhimidinov said, the issue of exporting electric power in winter period has not been solved yet, since electric heating is going to be permitted in the country soon.

"In any case, domestic power companies should assess their possibilities. If the Ministry of Energy allows, then we are ready to extend the contracts or to conclude new ones for winter," Kutbidin Nazhimidinov stated.

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