Crystal Management JSC is a company with its business activity in the power generation industry since 2008. Besides, the company has been involved in the subsoil use activity since 2014.
Since January 19, 2018, the common shares of Crystal Management JSC (ISIN KZ1C00001486) have been included in the Official List of the Kazakhstan Stock Exchange (KASE), into the "Shares" sector of the Alternative board. Official webpage of Crystal Management JSC (CRMG) on KASE
During the 2008 – 2012 period, the company implemented an 87 MW gas turbine power plant construction project on Akshabulak oil-and-gas field in Kyzylorda Oblast, Republic of Kazakhstan. The project was included in the Republic of Kazakhstan Industrial Innovation Development Program and in the Republic of Kazakhstan Power Generation Industry Development Program. The project’s second stage implementation – simple cycle conversion to combined cycle – will improve the use of the natural resources and increase the power plant overall efficiency.
Information on electric power from Akshabulak GTPP bus - contracted, planned for sale at centralized bidding, and free for distribution to the grid:
1. Contracted electric power : 87 MW
2. Electric power from Akshabulak GTPP bus planned for sale at centralized bidding and free for distribution to the grid: none
Note:
Information posted pursuant to Paragraph 13, Article 13 of the Law of the Republic of Kazakhstan dated 09.06.2004 № 588-II ”Concerning the Electric Power Industry”
Contract for exploration and production of hydrocarbons in the area (Block A) in the territory of Kyzylorda, Karaganda and Aktobe Regions No.3996-UVS dated February 07, 2014;
