Kazakhstan to keep tariff caps for power stations after 2015
PAVLODAR. May 30 (Interfax) - Kazakhstan plans to preserve tariff caps for power stations after 2015, head of the State Agency for Natural Monopoly Regulation (ANMR) Nurlan Aldabergenov said.
"We are planning to keep the ceiling tariffs after 2015. For now we have a positive experience of using the tariffs," he said during a meeting at the Aksu thermal power station in the Pavlodar region.
Aldabergenov said the tariffs allow power stations to modernize their equipment.
In 2009, Kazakhstan introduced a program of modernization and reconstruction of existing power stations until 2015 through the use of cap electricity tariffs. Under the program power stations are allowed to keep the tariffs caps on the electricity they produce, provided that all the profit is spent on modernization.
Earlier the Ministry of Industry and New Technology said the program would raise more than 1 trillion tenge of investment for the power industry, allowing for the commissioning of 3,700 MW of new productive capacity.
Kzpr