Almaty akimat (Kazakhstan) is allowed to purchase power plant

/IRBIS, Jan 15, 01/ - The Great Silk Road World News Agency informs, that the Kazakhstani government resolved to allow the Almaty akimat to purchase the Almaty Power Consolidated power utility and a stake in the Intergas Central Asia gas distributor company for $50 mln. The required amount should be paid by late 2003. APC owns two heat power plants in Almaty, including hydroelectric plant in Kapchagai, heating networks and the electric grid. The estimated value of these facilities comes to around KZT20 bln, or $140 mln.