Market Council

The composition of the Presidium was formed from the members of the Board of Directors of KEA

In order to implement the Order of the Ministry of Energy of the Republic of Kazakhstan No. 305 dated July 8, 2016 "On Determining the Market Council" and organizing the work of the Market Council, the Board of Directors of the Kazakhstan Electricity Association approved the Regulations on the Market Council with the establishment of a governing body - the Presidium and the executive body - the Secretariat at its meeting on May 18, 2017.

The composition of the Presidium was formed from the members of the Board of Directors of KEA. The Chairman of the Presidium is Kusherbayev Zh.Y., the Chairman of the Board of Directors of KEA.

The Presidium of the Market Council includes the member of the Board of Directors of KEA, the Chairman of the KEA Committee for electricity and capacity market development issues, Satkaliyev A.M., Chairman of the Board of “Samruk-Energy” JSC.

Urazalinov Sh.A., KEA Chairman was appointed the Head of the Secretariat, as well as the “Procedure for monitoring the operation of electricity and capacity market” and “Procedure for considering investment programs” were approved at the first meeting of the Presidium held on May 18, 2017.

Regulations on the Market Council, the Procedure for monitoring the operation of electricity and capacity market and the Procedure for considering investment programs were developed with the active participation of “Samruk-Energy” JSC.


For reference: In accordance with the Law of the Republic of Kazakhstan "On Power Industry", the Market Council is a non-profit organization that performs the following functions:

- monitors the operation of electricity and capacity market;

- considers investment programs;

-makes proposals on improving the legislation of the Republic of Kazakhstan on power industry to the authorized bodies;

- performs other functions determined by the authorized body.

2017.05.25
2017.06.21

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