Fitch Ratings has assigned Kazakhstan-based Joint Stock Company Central-Asian Electric-Power Corporation's (CAEPCo) Long-Term Foreign Currency Issuer Default Rating to 'B+' from 'BB-'. The Outlook is Stable.Full list of rating actions.

Net profit of Central-Asian power-energy company JSC (CAPEC JSC) in I half-year amounted to 6,091 bln KZT (current - 341.2 / $ 1), which is 2.2 times more than compared to the same period of 2015.

Within the frames of XIII Forum of Interregional Cooperation of Kazakhstan and Russia that is taking place in Astana city, Central-Asian Electric Power Corporation (CAEPCO) and Ural Turbine Works (UTW) have concluded the Memorandum of Cooperation. It is the third agreement between the companies oriented on the generation equipment modernization.