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History of establishment

AksaiEnergo Limited Liability Partnership is a power company which over a number of years successfully supplies the city of Aksai with electricity.
The Company was registered with Department of Justice on June 16, 2000. The grounds for its setup was given by the Republic of Kazakhstan Law On Natural Monopolies whereby a natural monopolist was forbidden to render any services or pursue activities other than those related to its principal one, as well as by the RoK Law On Power Industry which sets out that electric power and energy are the subjects of sale.

Power industry is a component part of the prosperity of any country, and in any civilized society particular attention is paid to its making, development and adequate performance. This country’s policy is aimed at developing healthy competition that should be, in the end, beneficial to the customer. In 2004 Kazakhstan underwent changes in power engineering – a new law On Power was adopted, wholesale and retail market organization regulations were approved. The law On Power obliges electrical grid companies to make a division between power transmission activity and power supply one, by setting up power supplying companies. It is common knowledge that without properly developed power industry it is difficult to reliably maintain life support, natural security and economic growth. The Company’s teamwork throughout the time showed that the decision that had been made about its setup proved right.

The most important event for the new growing and developing company was its integration with the Group of Companies “Condensate”. On June 25, 2000 the closed joint-stock company “AksaiGasPromEnergo” was incorporated into the Consortium, making a part of several thousand strong personnel. The experience accumulated by the Group of Companies appeared, for a company probing its way, an incontestable assistance and support in its operation.

Since January 26, 2005 AksaiGasPromEnergo acts as the limited liability partnership “AksaiEnergo”, having been restructured in accordance with the Republic of Kazakhstan Law On Joint-Stock Companies.

Today, the Company is one of the most reliably operating entities in Aksai, profitable, having its own structure and qualified personnel.