Joint-Stock Company Kazakhstan electricity and power market operator

How to conclude a contract for participation

Step-by-step guide to conclude a contract for participation in the centralized trade market

  1. 1. The wholesale market member should send to the JSC KOREM a written statement of intent to conclude a contract according to the attached declaration letter form.
  2. 2. Provide the following copies of legal documents:
  • The Charter;
  • Certificate of state registration of a legal entity;
  • Certificate of registration for the value-added tax;
  • Decision of the sole participant on appointment to the Head;
  • Order (power of attorney) for the Contract signatory;
  • License for the type of activity performed on wholesale market of electric energy of the Republic of Kazakhstan (only for power supply organizations);
  • Copy of the contract with the JSC KEGOC for transmission of electric energy (excluding energy producing organizations);
  • Copy of document (certificate) from the bank confirming the bank details.

In addition, if the actual Company address does not correspond to the details of the certificate of state registration of a legal entity, a certificate of confirmation of the actual Company address or permanent management body signed by the chief executive officer to be submitted.

Concerning conclusion of the contract for participation in the centralized electric energy trade market, please contact us by phone / fax:

Temirbekov Talgat Sapayevich
The Head of the Contracts and Settlements Department
Phone: + 7 (7172) 690 731
temirbekov@korem.kz

Kenzhegaliyeva Ziza Yelzhanovna
The Manager of the Contracts and Settlements Department
Phone: + 7 (7172) 690-732
kenzhegalieva@korem.kz

Abdimalik Yerzhan Bakytovich
The Leading specialist of the Contracts and Settlements Department
Phone: +7 (7172) 690 742
abdimalik@korem.kz

Begalina Dinara Berikovna
The Leading specialist of the Contracts and Settlements Department
Phone: +7 (7172) 690 734
begalina@korem.kz



Trades calendar


Trades outputs
April 2019 2020
The day ahead spot-trades
max price, KZT/kW*h 10.106 6.700
min price, KZT/kW*h 4.800 5.000
Forwards trades
max price, KZT/kW*h 5.760 2.430
min price, KZT/kW*h 1.100 1.100
Trades volume (th. kW*h)
The day ahead spot-trades 38 094 34 571
Forwards trades 924 720 331 440