The SEVKAZENERGO JSC was created on July 13, 2009 in an organizational legal form of joint-stock company as a result of transformation and is the assignee of all rights and obligations of Aksess Energo PCHPP-2 LLP which was registered in judicial authorities of the North Kazakhstan region on January 19, 1999.

SEVKAZENERGO JSC carries out the activity relating to the sphere of natural monopoly, and is included in the local section of the State register of subjects of natural monopolies of the North Kazakhstan region by the form such services, as production, transfer, distribution and supply by thermal and electric energy.

The control system of the affiliated organizations of “SEVKAZENERGO” JSC is based on adoption of strategic decisions and definition of priority activities through realization of the rights of the major shareholder.
In 2009, according to the Government resolution "About the statement of limit tariffs", "SEVKAZENERGO" JSC made the agreement with the Ministry of the industry and new technologies of the RK "About Investment Obligations"  for 2010 for the sum of 2 472,4 million tenge, for 2011 – for the sum of  3778,4 million tenge, for 2012  on 4352,9 million tenge. The company fulfilled the investment obligations for 100% and in 2013 it signed the new agreement for the sum of 5 645,1 million tenge.

In March, 2011 “CAEPCO” JSC attracted a loan of means from the European Bank of Reconstruction and Development (EBRD) for the sum of 40 million dollars for modernization of system of a heat supply in the cities of Pavlodar and Petropavlovsk. As a result "Petropavlovsk Heating Networks" LLP, the "SEVKAZENERGO" JSC subsidiary, began implementation of the program on modernization of heating systems for the purpose of decrease in heatlosses.

In May, 2013 of “CAEPCO” JSC and the EBRD signed the Guarantee contract for modernization of assets of the enterprises of the Pavlodar and North Kazakhstan regions. The involved financing will be directed on implementation of investment programs of subsidiaries of “CAEPCO” JSC on increasing power of generating assets, improvement of ecological parameters of production by decrease in emissions of harmful substances, reconstruction and modernization of network assets for the purpose of decrease in losses by transfer of electric energy.

Within the general financing proceeds of credit were given to "PAVLODARENERGO" JSC  in the sum of 80 million US dollars and 40 million US dollars to "SEVKAZENERGO" JSC , and also to "Pavlodar REDC" JSC and "North-Kazakhstan REDC" JSC – 9 million US dollars each. Along with investments of Bank, “CAEPCO” JSC directs own means on implementation of the investment program as well.

In 2007 "SEVKAZENERGO" Company was one of the first companies in Kazakhstan, that certified the system of management on compliance to requirements of the international standards of the ISO 14000 series for activity improvement. In 2011 certification of system of management of the Company on compliance to requirements of three standards of the series ISO 9001, ISO 14001, OHSAS 18001 was lead. Today the system develops and improves actively, there is also a preparation for recertification.