Alageum Electric

Alageum Electric will launch a plant for producing electrical equipment in the North Kazakhstan region, with a total cost of 7 billion tenge. The plant will create about 300 jobs and is expected to start operating in the 3rd quarter of 2021.

Alageum Electric is building a transformer manufacturing plant in Petropavlovsk, Kazakhstan, on a 17,000 m2 site. The plant will produce 13,000 transformers per year worth 12 billion tenge, creating 300 jobs. Reconstruction is underway.

Alageum Electric signed a memorandum with Hyosung Corporation for the supply of 110 kV cubicle switchgear. Negotiations are ongoing for joint production of switchgear in Kazakhstan.

The Asia Trafo transformer plant, part of Alageum Electric, was presented in Shymkent, Kazakhstan. The facility cost 20.7 billion KZT and is designed to produce 120 transformers per year.

Alageum Electric opened a new factory in Aktau, Kazakhstan, to produce electrical switchgear and transformer substations. The plant has an annual capacity of 4,000 substations, cost 2 billion tenge, and will create 150 jobs, with 50% of output for export.

Alageum Electric will sign an offtake contract with KEGOC for the supply of power transformers and reactors, valued at up to 4 billion tenge through 2022, as it launches a new production facility in Shymkent.

Alageum Electric is building the Asia Trafo plant in Shymkent, Kazakhstan, to produce transformers up to 300 tons, with total investment of 17.9 billion tenge. Construction is underway as of June 10, 2018.

Urals Transformer Plant (Alageum Electric) plans to produce over 9,000 transformers in 2018, a 29% increase from about 7,000 in 2017. The plant also aims to produce 12,000 transformers in 2019 and expand into disconnectors and oil and gas equipment.

Alageum Electric is finishing construction of the Asia Trafo transformer plant in Shymkent, Kazakhstan, costing over $50 million. The plant will produce high-voltage transformers up to 500 kV and is the largest of its kind in Central Asia.

Alageum Electric is building a new plant in Kazakhstan to produce high-power transformers (110 kV and above), creating up to 220 jobs and expected to reduce transformer imports by 50-70%.

Alageum Electric, through its subsidiary Asia Trafo, will build a new transformer factory in Shymkent, Kazakhstan, costing 17.9 billion KZT. The project is financed by the Development Bank of Kazakhstan and BRK-Leasing, and will create up to 220 jobs. Construction is to be completed in Q3 2018.

Alageum Electric is modernizing the Aktau Transformer Plant in Kazakhstan, with a project cost of 2 billion tenge, to produce 4,000 transformer substations annually and create 150 jobs.

A Kazakh-Turkish joint venture, Ural Electric, launched production of low and medium voltage cells at the Ural Transformer Plant in West Kazakhstan, with investments of 1 billion tenge.