Samruk-Energy strengthens support for domestic manufacturers and expands cooperation with local suppliers

Samruk-Energy JSC held a roundtable on the development of domestic production and support for Kazakhstani manufacturers.

Askar Baltabayev, Managing Director for Procurement and Risks at Samruk-Energy JSC, highlighted the company’s positive performance. In 2025, the share of local content amounted to 82% for goods and 92% for works and services.

According to the 2026 Procurement Plans, contracts worth KZT 964.7 billion are expected to be concluded, including KZT 575.7 billion for goods with local content. The volume of local content is expected to increase by KZT 171.5 billion compared to 2025.

The company also exceeded its targets for offtake agreements. In 2025, 38 contracts worth KZT 26 billion were concluded, representing a 135% increase compared to 2024. In 2026, 14 contracts worth KZT 2 billion have already been concluded.

As part of the event, two offtake agreements were signed: one between Almaty Power Plants JSC and Ecotek Engineering LLP for the supply of membranes for a reverse osmosis system, and another between Ust-Kamenogorsk HPP LLP and Asia Snab Group LLP for the supply of self-regulating heating cable.

In addition, B2B meetings were held with domestic manufacturers to discuss the participation of Kazakhstani companies in procurement processes.

Samruk-Energy JSC continues to provide consistent support to domestic manufacturers, promote local content, and expand cooperation with local businesses.

 

Samruk-Energy introduces AI to improve the accuracy of renewable energy generation forecasts

Samruk-Energy JSC is implementing a project to digitalize electricity generation planning processes at its renewable energy facilities. The artificial intelligence and machine learning-based solution is scheduled to be launched by the end of 2026.

Accurate forecasting is particularly important for wind power facilities, as electricity generation volumes depend directly on weather conditions, including wind speed, which is highly variable and difficult to forecast.

The solution is based on an artificial intelligence model integrated with the meteorological service. The system will process meteorological data at the high spatial and temporal resolution required to forecast electricity generation at wind power plants.

Historical and real-time data from the automated commercial electricity metering system (ACEMS) and SCADA systems will be used to train and adapt the AI model, including actual generation data and equipment operating parameters. This will enable the model to account for actual operating conditions and improve generation forecast accuracy to up to 80%, thereby supporting more effective operational planning and reducing financial losses associated with deviations between actual generation and scheduled generation volumes.

 

Meeting with Adilet party representatives held at Samruk-Energy

As part of its election campaign, the Adilet Party met with employees of Samruk-Energy. Employees from the Company’s subsidiaries also joined the meeting online.

The meeting was opened by Zhanar Zhakupova, Chair of the Nura district branch of the Adilet party in Astana.

The candidates for seats in the Kurultai of the Republic of Kazakhstan Gulnaz Atamkulova, Tatiana Savelyeva, Tilektes Adambekov and Guliskhan Nakhbaeva presented their election platform and spoke about its key priorities, including economic development, support for workers, stronger social protection and a better quality of life for citizens.

Employees then had an opportunity to ask questions about the party’s platform and share their views. The party representatives responded to their questions and provided further clarification on the issues raised.

 

Samruk-Energy wins bronze at the 11th Samruk-Kazyna Spartakiad

Samruk-Energy team successfully completed its participation in the 11th Samruk-Kazyna Spartakiad (corporate sports games), securing third place in the overall team standings. Held to mark the 20th anniversary of the Fund, the Spartakiad brought together 14 teams from across Samruk-Kazyna Group.

Around 100 employees from Samruk-Energy’s Head office and subsidiaries participated in the competition. Over the course of three days, our athletes competed in individual and team events, demonstrating skill, endurance, determination and a strong team spirit.

Following the 11th Spartakiad, Samruk-Energy’s medal tally included 11 medals:

  • 5 gold medals
  • 2 silver medals
  • 4 bronze medals

Our athletes also received special awards in several categories. Tatiana Pyurova, a member of the women’s volleyball team, was named “Best player”; basketball player Nurzhan Zhanbyrbai was named “Best center”; and futsal player Shynghys Koralasbaev was named “Top scorer”.

The bronze medal in the overall team standings is a result of the collective effort and team spirit of Samruk-Energy!

Installation of photovoltaic panels begins at Samruk-Energy's solar power plant under сonstruction

Construction of the 300 MW solar power plant in Sauran district of  Turkistan region is progressing steadily. Foundation works for the solar module support structures are nearing completion, and installation of the first photovoltaic panels has commenced. Approximately 600,000 next-generation photovoltaic panels equipped with solar tracking systems will be installed across an area of around 800 hectares.

The project also includes the deployment of an energy storage system, which will ensure stable power generation and improve the efficiency of electricity transmission to the grid. At the same time, foundation works for the main power transformer, the energy storage system and the switchgear are progressing actively. Equipment deliveries are being carried out in accordance with the approved schedule.

Total investment in the construction of the solar power plant will exceed USD 200 million. Commissioning of the facility is scheduled for 2027, while the first electricity is expected to be generated by the end of December this year.

Once operational, the solar power plant will generate more than 600 million kWh of clean electricity annually, helping reduce electricity shortages in Kazakhstan's southern regions and increase the share of renewable energy sources in the country's energy mix.

The project is being implemented by Qazaq Green Power PLC, a subsidiary of Samruk-Energy JSC, in partnership with Energy China.

 

Samruk-Energy confirms its position as Kazakhstan's largest power company following the first half of 2026

In the first half of 2026, Samruk-Energy JSC delivered stable operational and financial results, confirming its status as Kazakhstan's largest power company. According to preliminary six-month 2026 operating data, Samruk-Energy JSC's power plants generated 20.3 billion kWh of electricity, accounting for 32% of total electricity generation in Kazakhstan. The Group's enterprises met their production targets across their key areas of operation.

Stable operational performance is contributing to stronger financial results for the Company. Based on preliminary results for the first half of this year, Samruk-Energy JSC's assets amounted to approximately KZT 2.1 trillion, 30% higher than in the same period of 2025. As previously reported, in 2026, Moody's Ratings assigned Samruk-Energy JSC a first-time investment-grade long-term issuer rating of Baa2 in both foreign and local currency, with a Stable outlook. The investment-grade rating reflects Samruk-Energy JSC's strong financial position, solid market position and sustained growth in its operating performance.

Samruk-Energy is implementing a number of major priority investment projects.

The Company's portfolio comprises 20 major projects for the construction and modernization of energy facilities with a total capacity of 12.6 GW, accounting for almost half of all energy projects being implemented in Kazakhstan. The portfolio includes coal-fired generation projects (2 GW), gas-fired generation projects (2.2 GW), renewable energy projects (5.8 GW), as well as hydropower and pumped-storage hydropower projects (2.6 GW). In 2026 alone, Samruk-Energy plans to sign 10 EPC contracts for the turnkey construction of energy facilities, with contractors already having started work at the construction sites for five projects.

In addition, Samruk-Energy is a key participant in the modernization of Kazakhstan's energy sector. Under the national Project for the modernization of energy and utility sectors, Samruk-Energy plans to commission 3.6 GW of new generation capacity by 2029, out of the 7.3 GW envisaged under the project.

The implementation of these projects will improve the reliability of the power system, strengthen energy security and accelerate the modernization of the country's infrastructure.

 

Samruk-Energy halves the number of workplace accidents in the first half of 2026

Samruk-Energy JSC held a meeting, chaired by the Company's Chairman of the Management Board, Kairat Maxutov, to review the Company's occupational health and industrial safety performance for the first six months of 2026.

No fatal workplace accidents were recorded across Samruk-Energy JSC's enterprises during the first half of the year, while the number of workplace incidents was reduced by half. The Lost Time Injury Frequency (LTIF) rate stood at 0.10, significantly below the established target level.

During the meeting, the Company's management analyzed the causes of workplace incidents and identified additional measures to prevent occupational injuries.

The participants also reviewed the results of corporate inspections and the implementation of digital solutions, including video analytics systems, smart helmets and the SKY chatbot.

During the second half of the year, priority will be given to further strengthening the safety culture and integrating artificial intelligence solutions into occupational health and safety processes.

Summarizing the meeting, Kairat Maxutov emphasized that industrial safety remains the Company's highest priority and that protecting the lives and health of employees requires the daily commitment of every manager and every employee. The heads of the Company's subsidiaries were instructed to strengthen preventive measures, minimize operational risks and ensure the safe execution of work.

 

Samruk-Energy increases total value of offtake contracts more than fivefold

Samruk-Energy JSC continues to expand the use of offtake contracts, one of the key instruments for supporting domestic manufacturers and implementing the Government's import substitution policy.

Under the Program for Supporting the Establishment of New Production Facilities implemented by Samruk-Kazyna JSC, Samruk-Energy Group concluded 13 offtake contracts with a total value of KZT 2 billion during the first half of 2026.

For comparison, during the same period in 2025, the Group concluded 14 offtake contracts with a total value of KZT 388 million. Thus, despite a comparable number of contracts, the total value of offtake contracts increased more than fivefold, reflecting the implementation of larger-scale projects and greater effectiveness in supporting the development of domestic manufacturing.

An additional incentive was the introduction of a key performance indicator for the heads of the Company's subsidiaries and affiliates for 2026 related to the conclusion of offtake contracts. The target requires such contracts to account for at least 10% of the total value of goods procurement contracts concluded.

Offtake contracts provide domestic manufacturers with a guaranteed market for their products, create conditions for modernizing production facilities, attracting investment, creating new jobs and manufacturing competitive products.

Samruk-Energy JSC will continue to expand cooperation with domestic manufacturers, contributing to the development of Kazakhstan's industrial capacity and strengthening the country's economy.

 

Samruk-Energy's credit profile reaches investment grade as Moody's assigns the Company a first-time Baa2 rating

Moody's Ratings has assigned Samruk-Energy JSC a first-time investment-grade long-term issuer rating of Baa2 in both local and foreign currency, with a Stable outlook. On the Fitch rating scale, this corresponds to a level two notches above the Company's current BB+ rating, which was previously affirmed by Fitch Ratings.

The investment-grade rating reflects Samruk-Energy JSC's strong financial position, solid market position, strategic importance to Kazakhstan's power system, and sustained growth in its operating performance.

According to Moody's, the Company operates in a supportive regulatory environment. Long-term tariff regulation, the capacity payment mechanism and the ability to revise tariffs provide predictable revenue streams and create favorable conditions for the implementation of the Company's large-scale investment program. Moody's also identifies growing electricity demand in Kazakhstan and the continuing shortage of power generation capacity as additional factors supporting the Company's resilience, helping maintain high utilization rates across its existing power plants.

Moody's also highlighted the scale and diversification of Samruk-Energy JSC's asset portfolio. The Company accounts for approximately one-third of Kazakhstan's installed generation capacity, is the country's largest owner of hydropower plants, is implementing renewable energy projects and continues to modernize its key production assets. The agency notes the Company's strong financial performance in recent years and expects its operating performance to strengthen further following the completion of its major investment projects.

The investment-grade rating assigned by Moody's confirms Samruk-Energy JSC's strong creditworthiness, strengthens confidence among international investors and financial institutions, and expands the Company's access to long-term financing for the implementation of strategic projects aimed at ensuring the energy security and sustainable development of the energy sector of the Republic of Kazakhstan.

 

Samruk-Energy introduces AI-powered aerial monitoring for energy facilities

Samruk-Energy JSC is implementing artificial intelligence technologies to manage its energy infrastructure. Traditional methods of inspecting energy facilities require significant time, manual measurements and work in hazardous conditions.

The solution is an aerial monitoring system based on vehicles UAVs (unmanned aerial vehicles) and artificial intelligence. The system automatically analyses data, detects defects at an early stage and generates recommendations, improving equipment reliability and personnel safety.

The digital monitoring system covers four key areas:

  • Power transmission lines, transmission towers and transformers. UAVs inspect equipment while artificial intelligence detects defects and reduces inspection time by five to ten times.
  • Chimney inspections. Instead of five days of work at height, inspections take about two hours, eliminating the need for personnel to enter hazardous areas.
  • Coal stockpile monitoring and inventory. Aerial survey data is used to create three-dimensional models of coal stockpiles, while artificial intelligence automatically calculates stockpile volumes. Processing time has been reduced from 10 days to 20 minutes, with accuracy reaching 99%.
  • Hydraulic structure monitoring. The system analyses aerial imagery and thermal imaging data, detects the early signs of dam integrity issues and helps prevent operational risks.

The implementation of these solutions enables continuous digital monitoring of energy facilities, improving the reliability of operational processes and enhancing personnel safety.

 

Artificial intelligence as a driver of growth: Samruk-Energy shares its experience at the UMAI Gas forum

Lyazzat Shamisheva, Director of the Artificial Intelligence and Digital Technologies Development Department at Samruk-Energy JSC, delivered a presentation at the UMAI Gas Women's Club forum, Skills. Opportunities. Leadership.

The forum provided a platform for discussing global trends shaping the labor market and the corporate environment, the skills needed for the future, and the role of artificial intelligence and digital technologies in the workplace.

During her presentation, Lyazzat Shamisheva showcased Samruk-Energy JSC's key artificial intelligence and digitalization projects, demonstrating how advanced technologies are helping improve equipment reliability, enhance personnel safety and increase the efficiency of operational processes.

The central message of the presentation was that artificial intelligence does not replace people—it enhances their capabilities. As digital transformation continues to accelerate, the ability to use artificial intelligence effectively, work with data and continuously develop new skills is becoming one of the most valuable professional competencies.