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Head of Samruk-Energy visits Almaty CHP-2

As part of his business trip to Almaty, Kairat Maxutov, Chairman of the Management Board of Samruk-Energy JSC, held a meeting with the executives team of Almaty Power Plants JSC and key production departments. The agenda covered the company’s financial and operational performance over the first five months of the year, as well as the status of the maintenance campaign in preparation for the upcoming autumn-winter period.

Following the meeting, Maxutov issued a number of instructions to ensure the timely and high-quality execution of repair works and to guarantee full operational readiness for the heating season.

After the meeting, the head of Samruk-Energy visited the construction site of the new combined-cycle gas turbine (CCGT) unit at Almaty CHP-2, where installation of the first gas turbine package is currently underway.

The modernization project at Almaty CHP-2, which focuses on minimizing environmental impact, is being implemented in line with the directives of the Head of State.

 

Chairman of the Management Board of Samruk-Energy meets with Mayor of Almaty city

The Chairman of the Management Board of Samruk-Energy, Kairat Maxutov, paid a working visit to Almaty, where he met with the Akim (Mayor) of the city, Darkhan Satybaldy. During the meeting, Kairat Maxutov presented an overview of the operations of the Almaty Energy Hub enterprises owned by Samruk-Energy’s subsidiaries – APP and AZhC.

"The company’s energy facilities successfully navigated the 2024–2025 autumn-winter period, ensuring stable and reliable heat and power supply across the region without any technological disruptions affecting the temperature schedule. The thermal regime was maintained strictly in accordance with the schedule set by the district heating network"- noted Kairat Maxutov.

The chief executives of Almaty Power Plants JSC (APP) and Alatau Zharyk Company JSC (AZhC) reported on the ongoing preparations for the upcoming autumn-winter season.

Yeryk Mashirov, Chairman of the Management Board of APP, stated that as part of preparations for the 2025–2026 heating season, the company is implementing a comprehensive maintenance campaign for its core equipment. The plan includes 70 scheduled maintenance works, of which 31 have already been completed and 10 are currently in progress.

Abai Asylov, Chairman of the Management Board of AZhC, updated the Mayor of the city on the company’s operational performance. The actual volume of electricity transmission in 2024 amounted to 9,268 million kWh, exceeding the planned target by 3%.

AZhC’s maintenance campaign is progressing according to schedule. To date, the company has completed repairs on 554 km of overhead and underground power lines, and around 500 substations, transformer substations, and distribution points.

Following the reports, the head of Samruk-Energy and Mayor of Almaty city discussed the reconstruction of the CHP-2 – Western Heat Complex (WHC) heat main, the modernization of Almaty CHP-2 with a focus on minimizing environmental impact, and the reconstruction of Almaty CHP-3.

 

 

Samruk-Energy CEO presents medals to winners of the 10th Spartakiad

Chairman of the Management Board of Samruk-Energy JSC, Kairat Maksutov, welcomed the winners of the 10th anniversary Spartakiad held among employees of the company’s group. He congratulated power engineers-athletes on their achievements and presented them with medals.

“For ten consecutive years, the Samruk-Energy Spartakiad has brought together employees from both the head office and all subsidiaries. It is more than just a competition — it is a symbol of our corporate culture and team spirit. This year, you delivered impressive athletic performances and showed true determination and will to win,” said Kairat Maxutov in his address to the winners.

The CEO also noted that the top-performing athletes would go on to represent the company at the 10th Spartakiad of Samruk-Kazyna JSC and wished them continued success and new victories.

 

Samruk-Energy and SEPCO1 discuss prospects for cooperation

As part of the second Central Asia – China Summit, Chairman of the Management Board of Samruk-Energy JSC, Kairat Maxutov, held a meeting with Zhang Hongmei, Chairman of the Board of SEPCO1. The parties discussed the status of ongoing projects and potential areas for future cooperation.

In particular, the discussion focused on the implementation of the project "Modernization of Almaty CHP-2 including the minimization of environmental impact”. Samruk-Energy management expressed full commitment to supporting the resolution of current issues to ensure the timely execution of the gasification project for CHP-2 in Almaty.

As a result of the meeting, both parties agreed to intensify efforts on the ongoing project and to explore further opportunities for long-term cooperation.

 

Samruk-Energy and CSPGI discuss construction of pumped storage power plant in Kazakhstan

As part of the Power Central Asia + China energy forum, Chairman of the Management Board of Samruk-Energy JSC, Kairat Maxutov, held a meeting with Zhang Heng, President of China Southern Power Grid International (CSPGI). The parties discussed the implementation of a pumped storage power plant (PSPP) project in the Republic of Kazakhstan.

The project is of strategic importance for creating additional flexible generation capacity, as well as for strengthening Kazakhstan’s energy security and the resilience of its power system amid the rapid integration of renewable energy sources.

As part of the project’s preparatory phase, the CSPGI team has carried out initial work to identify potential sites for the construction of the PSPP.

Following the meeting, both sides agreed to continue joint efforts and to approve a roadmap for the Project.

 

 

Samruk-Energy participates in Power Central Asia + China forum

The first regional energy forum Power Central Asia + China, held in Astana and aligned with the second "Central Asia – China" summit, brought together key players from the regional energy sector. Samruk-Energy JSC was represented at the event by Chief Investment Officer Ansar Aidarov.

In his remarks, it was noted that Samruk-Energy JSC has adopted the Energy Transition Program through 2060, which outlines a strategic response to global climate challenges and the need to transform the national energy mix. The Program defines two decarbonization scenarios: a baseline scenario targeting carbon neutrality by 2060, and an accelerated scenario aiming to reduce emissions by 2050, contingent on international support and access to advanced technologies.

Key measures under the Program include the development of renewable energy sources, the modernization of existing generation assets, and the deployment of low-carbon technologies. The Program is closely aligned with the ESG agenda, with a focus on energy efficiency, environmental responsibility, and workforce development.

Samruk-Energy sees its partnership with China as a catalyst for green growth and energy sector modernization, with an emphasis on localization and the advancement of low-carbon energy solutions in Kazakhstan.

Samruk-Energy and China International Water & Electric Corporation sign Agreement on construction of Kazakhstan’s first PSP.

On the sidelines of the Power Central Asia + China Energy Forum, Samruk-Energy JSC and China International Water & Electric Corporation (CWE) signed a Joint Implementation Agreement for the development of a pumped storage power plant (PSPP) project in the Republic of Kazakhstan.

This project holds strategic importance for the creation of additional flexible power generation capacity to support the integration and balancing of renewable energy sources in Kazakhstan. The signed Agreement outlines the framework for the next stage of development — the preparation of a feasibility study for the project. The document confirms the mutual commitment of both parties to the timely and successful implementation of a project that is key to the country’s sustainable development.

It is worth noting that in July of last year, Samruk-Energy and CWE signed a Cooperation Agreement to jointly advance the project. As part of that agreement, a preliminary technical and economic assessment was carried out, and two priority sites were identified in the Almaty region for the potential construction of the pumped storage facility.

Energy of Sport: 10th Samruk-Energy Spartakiad

The 10th anniversary Spartakiad -a company-wide multi-sport competition- was held among employees of Samruk-Energy JSC and its group of companies. At the opening ceremony, Yergen Shalin, Head of the Office of the Chairman of the Management Board of Samruk-Energy JSC, emphasized the importance of this large-scale sporting event, which has become a symbol of unity and team spirit, and wished the participants success and memorable victories.

More than 500 employees from the head office and subsidiaries took part in the competitions. They competed in 13 sports disciplines, including football, volleyball, chess, swimming, tug of war, asyk atu (a traditional Kazakh game), and others. The Spartakiad participants demonstrated excellent physical fitness, strong team cohesion, and a drive to win.

Based on the results, the team from Alatau Zharyk Company JSC took first place in the overall standings. The team from Almaty Power Plants JSC finished second, and the team from Bogatyr Komir LLP earned an honorable third place.

Samruk-Energy JSC and Italy’s state export credit agency SACE S.p.A. agree to cooperate in the field of export credit financing

As part of the official visit of the President of the Council of Ministers of Italy, Giorgia Meloni, to Kazakhstan, Samruk-Energy JSC and SACE S.p.A. signed a Memorandum of Understanding (MoU).
SACE S.p.A. is an insurance and financial group under the authority of the Ministry of Economy and Finance of Italy.

The signed document is aimed at strengthening business ties in the power sector and identifying opportunities for mutually beneficial cooperation between the two parties. This initiative is expected to contribute to the expansion of economic, trade, and investment cooperation between Kazakhstan and Italy.

“We believe this Memorandum will serve as a practical instrument for implementing joint projects and attracting investment. It will also reinforce Kazakhstan’s position as a reliable energy partner for Italy in the region” -, Kairat Maxutov, Chairman of the Management Board, Samruk-Energy JSC.

The Memorandum provides for cooperation in investment projects initiated by Samruk-Energy JSC, utilizing export credit insurance mechanisms and other forms of guarantee support in favor of Italian companies, including small and medium-sized enterprises.
The projected volume of such support may reach up to 300 million euro.

Samruk-Energy and Ansaldo Energia discuss supply of gas turbine equipment for Almaty CHP-3

As part of the Astana International Forum (AIF) and the Kazakhstan-Italy Business Forum, Chairman of the Management Board of "Samruk-Energy" JSC Kairat Maxutov held a meeting with CEO of Ansaldo Energia Fabrizio Fabbri. Both parties discussed current and future areas of cooperation.

Regarding current projects, the discussion focused on the supply of gas turbines for the "Reconstruction of Almaty CHP-3" project. Ansaldo Energia confirmed that the equipment will be delivered within the agreed timeline. The first gas turbine unit is scheduled to be shipped from the company’s manufacturing facility in Italy in June this year, with delivery to the construction site in Kazakhstan expected by September.

In terms of future cooperation, the parties explored the possibility of establishing a service center and localizing the production of certain gas turbine components in Kazakhstan. This includes the potential to supply equipment for other projects within the Samruk-Energy portfolio, such as the Kyzylorda CCGT (Combined Cycle Gas Turbine) plant. It was emphasized that any future partnership would be built on equal terms, taking into account the interests and capabilities of both parties.

At the conclusion of the meeting, both companies expressed a strong commitment to strengthening bilateral cooperation and agreed to make every effort to ensure the successful implementation of joint projects.

Meeting with the Akimat of Zhambyl region on the implementation of a 1 GW Wind Power Project in partnership with Masdar

Kairat Maxutov, Chairman of the Management Board of Samruk-Energy, Erbol Karashukeyev, Mayor of Zhambyl region, and Turar Baisarinov, Deputy Chairman of the Management Board of KIDF, held a meeting with Abdulla Zayed, Director of Development and Investment at Masdar.

During the meeting, the parties discussed key aspects of the implementation of the 1 GW wind power project in the Zhambyl region. The teams from Masdar and Samruk-Energy provided updates on project development activities, including wind monitoring, environmental impact assessment, conceptual design development, and the grid connection scheme.

The Mayor of Zhambyl region acknowledged the strategic importance of the project for the region and confirmed the administration’s readiness to provide full support, including timely resolution of land allocation issues for the construction of the wind farm and transmission lines.

Kairat Maxutov drew attention to an important milestone of the project: the ratification of the Intergovernmental Agreement between the Republic of Kazakhstan and the United Arab Emirates, which was signed by the Head of State on May 12 of this year.

Abdulla Zayed thanked the participants and noted that work is currently underway to attract financing for the project. He also confirmed Masdar’s readiness to sign the EPC contract by the end of 2025.

Following the meeting, the project participants signed a roadmap for its implementation.