APC won trades on sale of Aktubinsk HS - updated and enlarged version

/INTERFAX-KAZAKHSTAN, Almaty, September 16, 05/ - Almaty power consolidated JSC (APC, energy supplier in Almaty, owner - state company KazTransGas) on Friday won tender on sale of property complex HS Aktobe (administrative center of Aktubinsk oblast, on the west of Kazakhstan), APC press service informed Interfax-Kazakhstan agency. The enterprise on trades, held by Holland method, was sold for KZT2.4 bn. (current 134.01/$1), head of Center for financial debts JSC branch on the Western-Kazakhstan and Aktubinsk oblasts Amankos Derbisalin informed IF-Kazakhstan. According to his information, five companies - APC, Eurasian energy company JSC, Aktubinsk plant of chrome compounds JSC, Dzhet-7 LLP and Aktobeenergo JSC participated in trades. Answering questions of journalists after trades, first deputy general director of APC Valikhan Asanbayev said: "We have prepared investment program, which was coordinated with akimat of Aktubinsk oblast. I can say with responsibility, that our company has sufficient management experience upon energy objects, because it is engaged in energy and heat supply of Almaty megapolis. The company at present includes three heat and power plants in Almaty and a number of hydroelectric power stations, installed capacity of which more than ten times exceeds capacity of Aktubinsk HS". As per production program, during three years new owner plans to invest KZT11 bn. in Aktubinsk HS. Also there are plans to increase electric capacities of enterprises owing to reconstruction of acting equipment and install new turbogenerators. Besides, there is intention "to stop import of Russian energy, because it lays on tariff essential stake", advisor to general director of KazTransGas company (which is part of national oil and gas company KazMunaiGas) Altai Kadyrzhanov announced to journalists. Meanwhile at briefing it was announced that in nearest time tariffs for HS services would not be increased. Besides, till the end of the current year KZT600 m. will be invested in HS. As it was informed, Aktobe HS JSC is acknowledged a bankrupt by the court and its property was exhibited on trades, the last were set for September 16. Starting price of exhibited lot was KZT1 bn. 872 m., at that minimum price, for which HS could be sold to private person, was determined in the amount KZT150.259. One of conditions, set to potential buyers, is presence of production program to use acquired property, coordinated with akimat (administration) of Aktubinsk oblast. Earlier Aktubinsk HS twice was exhibited on trades without success. The first auction by English method should have been held for August 22 with starting price KZT3314785700. However due to absence of competitive environment trades were not held: only Dzhet-7 LLP from Stepnogorsk (in Akmolinsk oblast, on the north of the republic) applied to the bankruptcy committee. The next trades, now by Holland method were set for September 5. The day before their holding bids from APC JSC, Eurasian energy corporation JSC (EEC), Aktubinsk plant of chrome compounds JSC (APCC), Dzhet-7 LLP were received. Trades were not held because represented programs were rejected in oblast's akimat. Aktubinsk HS - the only today energy supplying enterprise of the region - was built during the Great Patriotic war on the basis of dismantled equipment of Harkovsk tractor plant, Kiev HEPS-2 and Leningrad electric power station. In the beginning its main destination was heat and electric energy supply of Aktubinsk plant of ferroalloys. Afterwards main profile of the enterprise's activity became centralized heat supply of Aktobe, production of heat and electric energy for industrial enterprises of cities and oblasts. In Aktubinsk oblast nearly 700 th. people live, including population of Aktobe exceeds 250 th. people. APC is supplier of heat- and electric power in Almaty and Almaty oblasts covering consumers of nearly 2 m. people. Owner of the company is KazTransGas. [2005-09-16]