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Uzbekenergo JSC made full repayment of its debt to KEGOC for the supplies of electricity and services for regulation of capacities in the period from 2011 to 2017, the statement said.
7% by other legal entities, which signals that investors have high confidence in KEGOCs activities.
In the case of KEGOC, Moody's review of the company's standalone creditworthiness will also focus on an increasing risk that KEGOC may see its financial metrics deteriorate materially beyond the levels seen as commensurate for the current BCA (namely, Debt/EBITDA at below 5x and FFO/Net Debt in the low to mid-teens) given the reduced electricity consumption and revenue expectations for 2009 and beyond on top of KEGOC's increased debt burden following the February 2009 devaluation of the Kazakh tenge.
He said this year noted the two important factors - growing gas prices and growing rates of KEGOC - that will in turn impact on determination of the price for electricity in Kazakhstan.
KEGOC, Air Astana, KazTransGas, Samruk-Energy, Kaztransmorflot will offer its shares within People's IPO in 2013, Kazahtan Temir Zholy (Kazakh railway), Kaztemirtrans - in 2014, Kazatomprom and KazMunaiGas - in 2015.
These would be IPPs in JV with KEGOC and/or other Kazakh companies.
We regard KEGOC as a government-related entity (GRE).
The state power utility KEGOC has granted management rights to several private companies.
KEGOC (Kazakhstan Electricity Grid Operating Company) will become the second state-run company to launch an initial public offering (IPO) within the ex-Soviet nation's "People's IPO" programme aiming to revive the dormant domestic stock market.
At the first public offering of KEGOC JSC priority will be given to retail investors, citizens of the Republic of Kazakhstan.
tyrau Oil Refinery Plant, the Kazakh Institute of Oil and Gas, and the energy companies KEGOC, ?
crane with a cradle for the branch of JSC KEGOC Akmola MES; crane with a cradle for the branch of JSC KEGOC Central MES
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