ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of December 17, 2024 No. 1063

About approval of Rules of indexation of flat fares and the auction prices and recognition voided some decisions of the Government of the Republic of Kazakhstan

According to Item 2 of article 8-1 of the Law of the Republic of Kazakhstan "About support of use of renewable energy resources" and Item 2 of article 27 of the Law of the Republic of Kazakhstan "About legal acts" the Government of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of indexation of flat fares and the auction prices.

2. Recognize invalid some decisions of the Government of the Republic of Kazakhstan according to appendix to this resolution.

3. This resolution becomes effective after ten calendar days after day of its first official publication.

Approved by the Order of the Government of the Republic of Kazakhstan of December 17, 2024 No. 1063

Rules of indexation of flat fares and auction prices

Chapter 1. General provisions

1. These rules of indexation of flat fares and the auction prices (further - Rules) are developed according to Item 2 of article 8-1 of the Law of the Republic of Kazakhstan "About support of use of renewable energy resources" (further - the Law) and determine procedure for indexation of flat fares and the auction prices.

2. In these rules the following basic concepts are applied:

1) the auction price - the price of purchase of the electrical energy made by object for use of renewable energy resources, object for energy waste recycling, determined following the results of biddings and which is not exceeding the level of the corresponding marginal auction price the single purchaser of electrical energy;

2) settlement financial center on support of renewable energy resources (further - settlement financial center) - the legal entity determined by authorized body, being the party of purchase and sale agreements of the electrical energy made by objects for use of renewable energy resources and objects for energy waste recycling according to the legislation of the Republic of Kazakhstan existing before Date of Introduction in operation of the Law;

3) the purchase agreement of electrical energy settlement financial center on support of renewable energy resources (further - the purchase agreement settlement financial center) - the purchase and sale agreement of the electrical energy made by objects for use of renewable energy resources and energy waste recycling, concluded between the settlement financial center acting as the buyer and the power making organization acting as the seller;

4) photo-electric modules on the basis of the Kazakhstan silicon (Kaz PV) - the photo-electric modules manufactured at the companies located in the Republic of Kazakhstan with use of the silicon made in the territory of the Republic of Kazakhstan;

5) authorized body in the field of the state statistics - the state body performing management, and also cross-industry coordination in the field of the state statistics, determining quality of administrative data within the competence;

6) flat fare - rate for purchase by settlement financial center according to the procedure, established by the Law, the electrical energy made by objects for use of renewable energy resources;

7) authorized body - the central executive body performing management and cross-industry coordination in the field of support of use of renewable energy resources;

8) the marginal auction price - the maximum size of the auction price of electrical energy;

9) the single purchaser of electrical energy - the legal entity with absolute state participation determined by authorized body, performing centralized purchase and centralized sale of planned amounts of electrical energy according to the procedure, provided by the Law of the Republic of Kazakhstan "About power industry";

10) the purchase agreement of electrical energy the single purchaser of electrical energy (further - the purchase agreement the single purchaser of electrical energy) - the purchase and sale agreement of the electrical energy made by objects for use of renewable energy resources and energy waste recycling, concluded between the single purchaser of electrical energy acting as the buyer and the power making organization acting as the seller.

The concept provided by the subitem 4) of this Item extends concerning the purchase agreements settlement financial center signed with the power making organizations using renewable energy resources on flat fare for projects of the solar power plants using photo-electric modules on the basis of the Kazakhstan silicon (Kaz PV) for transformation of energy of sunlight, to No. 644 approved by the order of the Government of the Republic of Kazakhstan of June 12, 2014.

Other concepts and determinations used in these rules are applied according to the current legislation of the Republic of Kazakhstan.

3. The flat fares provided by purchase and sale agreements of settlement financial center with the power making organizations using renewable energy resources, energy waste recycling and the auction prices are annually indexed according to the procedure, provided by these rules.

At the same time flat fares depending on type of renewable energy resources which support is provided by documents of System of state planning in the Republic of Kazakhstan of structure of financing of the project and economic justification are subject to annual indexation taking into account change of the exchange rate of national currency to foreign currencies according to the procedure, provided by these rules.

Chapter 2. Procedure for indexation of flat fares

4. Flat fares, except for flat fares for the project of the solar power plants using photo-electric modules on the basis of the Kazakhstan silicon (Kaz PV), total capacity of 37 MW for transformation of energy of sunlight are indexed for October 1 taking into account inflation on formula once a year:

_Tt+1 = _Tt x IPTs, where

_Tt+1 – the indexed flat fare calculated by the above-stated formula rounded to the whole tiyn towards reduction;

_Tt – the flat fare operating for date of the conclusion of the purchase agreement with settlement financial center taking into account earlier carried out indexation if such indexation was carried out earlier;

IPTs - the consumer price index which is saved up in twelve months preceding on October 1 years of carrying out indexation, determined by data of authorized body in the field of the state statistics.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info