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A record low price was set at the auction bidding for the construction of newly commissioned generation units with maneuverable generation mode
On August 23, 2024 from 12:00 p.m. on the trading floor of JSC «KOREM» held auction bidding for the construction of newly commissioned generating units with maneuverable mode of generation for the Western zone of EEC of the Republic of Kazakhstan (Atyrau region).
In accordance with the schedule of auction bidding for the construction of newly commissioned generation units with a maneuverable generation mode, approved by Order of the Minister of Energy of the Republic of Kazakhstan No. 73 dated February 20, 2024, the volume of services for maintaining the availability of electric power amounted to 250 MW, the maximum auction price was 16 299 800 tenge / MW*month.
Four companies were admitted to participate in the auction bidding, 43 price bids were submitted by participants during the trading session. The total volume of bids submitted amounted to 850 MW. As a result of auction bidding, the total volume of sold capacity amounted to 250 MW.
There is a decrease in the price range of bids from 16 299 800 to 10 094 000 KZT/MW*month (without VAT). Price reduction from the limit auction price amounted to 38%.
According to the results of auction bidding the winner was the company: LLP «STERNA power» with the volume - 250 MW at the price - 10 094 000 tg / MW*month (without VAT).
The expected commissioning of the Atyrau combined cycle gas plant is 2028.
Representatives of the Ministry of Energy of the Republic of Kazakhstan, ALE «KAZENERGY», ALE «Kazakhstan Electric Power Association» and the National Chamber of Entrepreneurs of the Republic of Kazakhstan participated as observers.
The observers noted the full transparency of the electronic trading system of the auction organizer – JSC «KOREM».
The most early news about the auction results are published on the official website and social networks of the auction organizer:
Official Website - https://www.korem.kz/
Telegram - https://t.me/aokorem
Facebook - https://www.facebook.com/korem.jsc
Instagram - https://www.instagram.com/korem_kz/
