As part of the KAZAKHSTAN ENERGY WEEK 2025 / XVI Eurasian Forum of KAZENERGY, a roundtable discussion was held on the topic “Investments in Central Asia’s energy infrastructure”. One of the key speakers was Kairat Maxutov, Chairman of the Management Board of Samruk-Energy joint-stock company.

In his address, Mr. Maxutov highlighted the company’s significance in Kazakhstan’s energy sector and outlined the modernization of existing assets along with a number of promising projects, including those in the field of renewable energy sources, whose share in the company’s portfolio continues to grow.

“Today, our company accounts for 34% of the country’s power generation and 42% of coal production. At the same time, a significant part of our assets has been in operation for 40–50 years, and we fully recognize the importance of their modernization, first and foremost to reduce environmental impact”,-  noted Kairat Maxutov.

He also informed participants about plans to build new generating facilities, to develop digital solutions, and to introduce artificial intelligence technologies at energy sites. Among these initiatives are predictive analytics tools, including those for forecasting emergency situations and renewable energy output.

Furthermore, the company is placing strong emphasis on advancing research and development, with plans to establish its own analytical center. This will become an important step toward strengthening technological independence and building in-house expertise in the energy sector.

At the VII Forum of KAZENERGY Women’s energy club, a ceremony was held to honor women who have made significant contributions to the development of the energy sector.

Semenova Elena Pavlovna, a 3rd-class train receiver at Ekibastuz SDPP (Energy Solution Center LLP), was awarded the Kazenergy medal. She has devoted 35 years to the industry, 23 of which she has served as part of the Ekibastuz SDPP team.

In her role, Elena Pavlovna is responsible for receiving trains and ensuring traffic safety control. Thanks to her work, the power plant secures uninterrupted fuel deliveries throughout the heating season — without delays or schedule disruptions. She is also known for actively sharing her expertise with younger colleagues, thereby contributing to the development of the company’s professional capacity.

Astana hosted the 7th Forum of the KAZENERGY Women’s energy club, which brought together women from across Kazakhstan’s energy industry as well as from partner countries.

The forum, held under the inspiring theme “Women in Energy: Driving power. Shaping progress”, served as a dynamic platform for exchanging experience, fostering motivation, and sharing strategies for professional growth.

The event was officially opened by Zhandos Nurmaganbetov, Chief Executive Officer of  KAZENERGY Association, who highlighted the vital role of women in the energy sector, stressing their contributions to innovation, sustainable development, and the strengthening of the industry. He underscored that women’s engagement across all levels — from technical professions to executive leadership — is a crucial driver of progress.

Employees of the Samruk-Energy Group actively participated in the forum’s sessions, underscoring their commitment to promoting and expanding the role of women in the energy sector.

During the panel discussion “Women in the Industry: From skilled trades to leadership,” participants shared their personal career journeys and professional achievements.

The 7th Forum of the KAZENERGY Women’s Energy Club proved to be a powerful platform for generating ideas, building professional networks, and strengthening the role of women in shaping the future of energy.

Chairman of the Management Board of Samruk-Energy joint-stock company, Kairat Maxutov, held a meeting with representatives of the European Bank for Reconstruction and Development, led by Şule Kılıc, Director, Head of Energy Eurasia. 

Discussions centered on Kazakhstan’s rapidly evolving energy sector and the critical role played by Samruk-Energy in driving this transformation. Key topics included the development of new green generation capacity, the planned gasification of CHP- 2 in Almaty, and the expansion of energy infrastructure to support long-term growth.

“Samruk-Energy Group has maintained long-standing business relations with the European Bank for Reconstruction and Development, one of the world’s leading international development finance institutions. In the context of the company’s dynamic growth, further strengthening of our strategic partnership with the European Bank for Reconstruction and Development is of particular importance”, - emphasized Kairat Maxutov.

At the conclusion of the meeting, the parties agreed to continue their joint efforts in implementing a number of key projects of Samruk-Energy Group.

The international rating agency Fitch Ratings has affirmed the long-term credit ratings of Samruk-Energy joint-stock company in foreign currency and in local currency at ‘BB+’ with a “Stable” outlook.

The affirmation of the ratings reflects improvements in the operating performance of the company as well as continued support from the state. Planned measures include capital injections from Samruk-Kazyna joint-stock company and the provision of state guarantees on debt obligations to enable the implementation of a large-scale investment program in the coming years.

Fitch Ratings assesses the role of state policy in relation to the company as “very strong”. Samruk-Energy joint-stock company accounts for approximately thirty-four percent of electricity generation and forty percent of coal production in the Republic of Kazakhstan, while also being one of the country’s largest employers and a responsible operator of numerous strategic projects carried out in the national interest.

The affirmed ratings also reflect consistent actions of the management of the company aimed at enhancing operational efficiency, the implementation of measures to improve tariff-setting mechanisms, and the existence of approved individual capacity tariffs under investment agreements for power plants.

In addition, the international rating agency notes the increasing share of international financial institutions in the debt portfolio of the company, which underlines the high quality of its debt profile. At the same time, Fitch Ratings emphasizes that Samruk-Energy joint-stock company has more than sufficient liquidity and cash reserves to fully cover all of its short-term obligations.

Samruk-Energy joint-stock company continues to confirm its status as a key player in the energy sector of the Republic of Kazakhstan, delivering on the strategic objectives of the state and ensuring the sustainable development of the industry.

Samruk-Energy JSC held a seminar titled “Energy conservation and improving energy efficiency: modern approaches and practical solutions”. The event brought together representatives of the company’s subsidiaries.

Rustam Kadyrov, Director of the Department for Energy efficiency, Innovation development, and Environmental safety, delivered the opening remarks. The workshop agenda covered the following topics:

• advanced energy-saving technologies;
• the regulatory framework in the field of energy efficiency;
• best practices for implementing energy-efficient solutions;
• strategies to reduce energy costs in organizations.

Particular attention was given to energy audits, energy consumption monitoring, and the prospects for renewable energy use.

The seminar served as an effective platform for sharing experience and discussing current challenges in sustainable development. Upon conclusion, all participants received certificates.

Samruk-Energy JSC has conducted a corporate training focused on the leading international organizations and their anti-corruption standards. Organized by the Compliance Service, the program was designed to deepen employees’ understanding of global best practices in combating corruption and to highlight the importance of embedding these practices into day-to-day business operations.

Adopting internationally recognized compliance standards strengthens investor and partner confidence, mitigates legal and reputational risks, and supports the long-term sustainable development of the energy sector.

The workshop gave participants the opportunity to consolidate their knowledge of international anti-corruption frameworks and explore practical approaches to their implementation. Initiatives of this kind foster a strong culture of integrity across Samruk-Energy group and reinforce the company’s commitment to transparency and responsible business practices in the eyes of its international stakeholders.

Kairat Maxutov, Chairman of the Management Board of Samruk-Energy JSC, held a regular meeting on occupational safety with the participation of senior executives of the company’s subsidiaries and affiliates.

During the meeting, Duisenbek Shardarbekov, Director of the Occupational Health Department, presented a report on the interim results of implementing the action items recorded in the meeting minutes and provided an update on the current state of occupational safety at the group’s enterprises.

The heads of Bogatyr Komir LLP and Ekibastuz SDPP-1 named after B. Nurzhanov LLP informed the participants about the measures being taken to prevent workplace accidents.

Following the discussion, Kairat Maxutov issued a number of instructions, including strengthening control over contractors engaged in major and routine repairs at power plants and ensuring the quality of pre-shift and post-shift medical examinations of employees.

Samruk-Energy JSC held a roundtable discussion dedicated to the development of domestic production and the support of local manufacturers. Askar Baltabayev, Managing Director for Procurement and Risks, shared the company’s results and plans to increase the share of local content in procurement.

In 2024, the company planned to conclude supply contracts for goods worth KZT 140.7 billion, with local content accounting for 62% or KZT 87.2 billion. In fact, the share reached 73%, equivalent to KZT 102.7 billion.

For 2025, it is projected that contracts for goods worth KZT 199.5 billion will be signed, with local content expected to account for 74%. It should be noted that the volume of goods with local content, in monetary terms, will increase by 44% compared to 2024. This demonstrates steady growth and the expanding involvement of domestic producers in the procurement system.

The company has also exceeded its plans for offtake contracts: in 2024, 41 contracts worth KZT 10.2 billion were signed. In 2025, 22 contracts worth KZT 24 billion have already been signed, which is 135% more than in 2024.

As part of the roundtable, an offtake contract was signed between Ekibastuz SDPP-1 named after Bulat Nurzhanov LLP and Ecotec Engineering LLP for the supply of membranes for a reverse osmosis plant in the amount of KZT 117.3 million. The event also included B2B meetings, where key issues of domestic manufacturers’ participation in procurement were discussed.

Samruk-Energy JSC continues to support domestic production and strengthen its partnerships with local suppliers.

As part of the Year of Safety and Occupational Health, Samruk-Energy group of companies held a professional competition among occupational safety and health specialists.
The purpose of the event was to improve the professional knowledge of specialists in workplace safety.

The competition consisted of two stages. The first stage was a test of theoretical knowledge, while the second involved solving situational case studies based on real workplace scenarios.

Based on the results, the following professionals were recognized as the best in their field:

• Yevgeny Polomoshnov – Deputy Head of the Occupational Health and Industrial Safety Department at AES Shulbinskaya HPP LLP
• Asem Zhilkaidarova – Occupational Safety and Health Engineer at First Wind Power Plant LLP
• Darkhan Yesilbayev – Occupational Health and Safety Engineer at AES Ust-Kamenogorsk HPP LLP

The winners received diplomas and monetary certificates. We congratulate all participants and thank them for their contribution to strengthening the culture of workplace safety!