Petropavlovsk Authorities to Take Over City Heating Network
Photo: Orda.kz
The Petropavlovsk city administration is preparing to assume control of the Petropavlovsk Heating Networks LLP from a private company, Orda.kz reports.
According to Petropavlovsk News, the enterprise will be transferred to municipal ownership. The Akimat’s press service confirmed that negotiations are underway, though the terms of the deal and its value have not yet been disclosed.
Petropavlovsk Heating Networks is currently owned by SEVKAZENERGO JSC, part of the Central Asian Power Energy Company (CAEPCO). The controlling stake in CAEPCO belongs to the Central Asian Fuel and Energy Company (CAPEC), whose founders are businessmen Alexander Klebanov and Sergey Kan.
It is Klebanov who makes decisions regarding enterprises associated with the Petropavlovsk Thermal Power Plant No. 2,
the Akimat noted.
Officials say transferring the heating networks to municipal ownership will help reduce infrastructure wear, prevent tariff increases for residents, and make it possible to attract public funding for modernization.
This is strategically important for ensuring reliable heat supply in Petropavlovsk,
the Akimat’s press service stated.
The agreement also provides for the preservation of all employee rights, uninterrupted network operation, and the absence of outstanding debts.
The transfer is expected to be completed by the end of 2025. Once all documents are signed, city officials will issue an official announcement.
Entrepreneurs Klebanov and Kan have previously lost assets in the utilities sector. After the 2022 Yekibastuz heating system incident, which left part of the city without heat and prompted public outrage, the pair sold the local energy company to the city administration for 200,000 tenge.
Original Author: Ruslan Loginov
Latest news
- Kadyrov Confirms Drone Damage to Grozny City
- Russia Temporarily Blocks Kazakhstan's Grain Transit, Threatening Flax Exports to Europe
- Assets of Businessman Dulat Kozhamzharov Seized Following Halyk Bank Claim
- Georgian Opposition Calls December 6 March Over Alleged Use of Chemicals at 2024 Protests
- Severe Smog Covers Oskemen
- Fire and Structural Damage Reported at Grozny City Tower Amid Drone Threat
- Pashinyan Says Foreign Influence Networks Exposed
- Kazakhstan-Based Lukoil Assets Could End Up in Hungarian Hands
- Strong Tenge Pushes Some Banks to Temporarily Stop Issuing Dollars
- Investigation Links Baimsky Project to Nazarbayev's "Wallet," Vladimir Kim
- Three Kazakhstani Nationals Arrested in Georgia Over Alleged 10,000-Ton Oil Theft
- Turkistan Region Contract for 100 Million Tenge Video Project Triggers Scrutiny
- Gennady Golovkin Becomes First Kazakhstani Honored by the International Boxing Hall of Fame
- Former Majilis Deputy Says She Was Stripped of Mandate After Criticizing Authorities
- Mangystau Authorities Investigate Death of Worker Who Fell Into Elevator Shaft
- Golovkin at World Boxing: How Kazakhstan and Saudi Arabia Are Building a New Power Structure in Boxing
- Taraz: Sentences Extended for Defendants in Group Sexual Assault Case
- Taliban Carry Out Public Qisas Execution After Teenager’s Family Killing
- CITIC Construction Responds to Activist’s Claims Over Almaty–Oskemen Highway Quality
- Kazakhstan Proposes New Law Tightening Control over Anonymous Channels