Samruk-Energy and Shanghai Electric Group discuss joint initiatives

A meeting took place today between Kairat Maxutov, Chairman of the Management Board of Samruk-Energy JSC, and Zhu Zhaokai, President of Shanghai Electric Group Co., Ltd.

The discussions focused on the status of ongoing cooperation, including the implementation of the 1 GW “Mirny” project in Zhambyl region. The project is being developed in partnership with TotalEnergies, with Shanghai Electric serving as the EPC contractor as part of a Kazakhstan–China consortium.

On 18 March this year, Samruk-Energy JSC, together with its partners, held a time capsule ceremony marking the start of construction of the 1 GW wind power plant.

Shanghai Electric’s participation in the consortium alongside a Kazakh partner reflects the parties’ commitment to localization and the development of national industrial capacity.

Particular attention was given to priority areas for further cooperation outlined in the Memorandum of Understanding signed in October 2025. These include the localization of equipment manufacturing, digitalization and the integration of smart technologies in asset management, the deployment of energy storage solutions, and the establishment of a joint working group to move towards practical implementation of the agreements reached.

Following the meeting, the parties reaffirmed their interest in expanding cooperation and expressed confidence that their joint efforts will contribute to the successful delivery of one of the largest renewable energy projects in Kazakhstan’s history.

 

Samruk-Energy JSC holds meeting with China Energy International Group Co., Ltd.

Samruk-Energy JSC held a meeting with representatives of China Energy International Group Co., Ltd.

The meeting was attended by Kairat Maxutov, Chairman of the Management Board of Samruk-Energy JSC, and Lin Xiaodan, Vice President and Acting President of China Energy International Group. The parties discussed the progress of key projects, including the construction of a 500 MW wind power plant in the Karaganda region and a 300 MW solar power plant in the Turkestan region.

Particular attention was given to project timelines, including the start of construction, commissioning schedules, and the selection of the EPC contractor. Samruk-Energy JSC emphasized the need to complete procedures for concluding the Investment Agreement by the end of April this year, to define the construction start date, and to accelerate the signing of the EPC contract no later than May. The importance of the timely selection of a wind turbine supplier, taking into account local content requirements, was also highlighted.

Following the meeting, the parties confirmed their mutual interest in further developing cooperation and expressed readiness to accelerate the implementation of projects aimed at advancing renewable energy in Kazakhstan.

 

New coal-fired generation capacity under development in Kazakhstan: Samruk-Energy implementing four major projects

Kazakhstan is moving forward with the development of new coal-fired generation capacity, with Samruk-Energy JSC currently implementing four major projects. The update was presented by Kairat Maxutov, Chairman of the Management Board of Samruk-Energy, at a Government meeting chaired by Prime Minister Olzhas Bektenov.

The projects include the expansion of Ekibastuz SDPP-2 with the addition of Units 3 and 4, as well as the construction of combined heat and power (CHP) plants in Kokshetau, Semey, and Ust-Kamenogorsk.

At Ekibastuz SDPP-2, the Company is developing Units 3 and 4, each with a capacity of 550 MW. An EPC contract with a Kazakh consortium was signed in May 2025, and the design and cost documentation for both units has been completed.

In Kokshetau, construction is underway on a new CHP plant with a planned heat capacity of up to 820 Gcal/h. Utility connections have been completed, site infrastructure is being prepared, and construction of the concrete batching plant is ongoing. Equipment deliveries are scheduled to begin in 2027, with commissioning targeted for the first quarter of 2029.

In Semey and Ust-Kamenogorsk, CHP projects are also progressing. EPC contracts with a Kazakh-Singaporean consortium were signed on 30 January 2026. Both plants are scheduled for commissioning in the fourth quarter of 2029.

All projects are aimed at addressing capacity shortages and ensuring reliable power supply across the country.

“Samruk-Energy is delivering these coal-fired generation projects on schedule, in line with the directives of the President and the Government of Kazakhstan,” said Kairat Maxutov.

Source: https://t.me/KZgovernment/22877

 

Samruk-Energy employees join “Moldir bulaq” clean-up initiative

Samruk-Energy employees joined the “Moldir bulaq” clean-up initiative, held as part of the nationwide “Taza Kazakhstan” programme.

The event took place in the Presidential Park and brought together colleagues from across Samruk-Kazyna group.

Participants helped clean up riverside areas, contributing to efforts to keep public spaces clean.

Samruk-Energy supports initiatives like this as part of its broader focus on environmental responsibility and employee engagement.

 

Focus on occupational safety: Q1 2026 results

Samruk-Energy JSC summarized its safety performance for the first quarter of 2026, with a focus on risk prevention and stronger management accountability. 

“Our priority is to anticipate risks rather than respond to incidents. Safety needs to be embedded in day-to-day management”, said Kairat Maxutov, Chairman of the Management Board of Samruk-Energy JSC.

Across the Group, preventive efforts have been strengthened, including targeted training, emergency drills, and the rollout of digital tools to reduce incidents and non-compliance.

There is also a stronger focus on transport safety and the use of digital technologies. The Company plans to expand the use of AI-enabled video analytics, which have already helped reduce safety violations.

Following the review, management called for tighter oversight of contractors, stricter compliance with safety requirements, and clear accountability at all levels. The Company will continue to strengthen its safety practices, with a focus on building a strong safety culture and reducing operational risks.

 

Samruk-Energy ranked Top 10 in RAEX climate risk management rating

Samruk-Energy JSC has been recognized among the leaders in climate impact management in the RAEX ESG rating, ranking 8th out of 145 largest companies across Russia, Kazakhstan, Uzbekistan, and Mongolia.

The RAEX study evaluates the impact of businesses on the climate and the effectiveness of corporate climate risk management. It focuses on the average performance across four key climate-related indicators: greenhouse gas emissions, energy consumption, the share of renewable energy, and climate adaptation. The rating methodology also takes into account emissions reduction strategies, the integration of climate risks into business processes, and the transparency of disclosures.

The ranking results confirm that Samruk-Energy JSC is systematically implementing advanced approaches to climate governance, including climate risk monitoring, enhanced transparency, and the application of international ESG standards.

The Company continues to implement practical initiatives aimed at reducing greenhouse gas emissions, improving energy efficiency, and integrating climate objectives into its day-to-day operations. These efforts demonstrate Samruk-Energy’s commitment not only to meeting its obligations, but also to continuously improving its sustainability performance across projects and processes.

 

Samruk-Energy representatives participate in the 13th Kazakhstan Machinery Forum

Galymbek Autalipov, Managing Director for Production at Samruk-Energy JSC, spoke at the breakout session “Machinery for Energy Projects”, where he outlined the prospects for the transfer and localization of clean coal technologies in Kazakhstan. He noted that the country views the adoption of these technologies as a strategic priority to ensure energy security while maintaining its environmental commitments. Key opportunities are linked to the modernization of existing assets and the development of new capacity based on international best practices.

Representatives of the Pricing and Marketing Office and the Procurement Management Department participated in a panel session titled “In-Country Value in Procurement at Samruk-Kazyna JSC”. The discussion focused on current priorities in state industrial policy, measures to promote import substitution, and approaches to the technological modernization of enterprises.

The Kazakhstan Machinery Forum traditionally serves as a key dialogue platform, bringing together representatives of government and business to shape a strategic vision for the development of the machinery sector and the broader manufacturing industry.

Samruk-Energy discusses cooperation prospects with China-Eurasian Economic Cooperation Fund and Energy China

A meeting was held at Samruk-Energy JSC with a delegation from the China-Eurasian Economic Cooperation Fund (CEF) and China Energy Overseas Investment Co., Ltd. (Energy China).

During the meeting, the parties discussed prospects for collaboration on joint projects, as well as opportunities to further expand bilateral cooperation.

Kairat Maxutov, Chairman of the Management Board of Samruk-Energy JSC, and Chen Zhuo, Chief Executive Officer of the China-Eurasian Economic Cooperation Fund, noted the high level of engagement between the parties and expressed their mutual interest in strengthening the partnership, including through the development of new energy and infrastructure projects.

Following the meeting, the parties agreed to continue their joint work and to further explore promising areas of cooperation.

The China-Eurasian Economic Cooperation Fund (CEF) is a state-backed investment fund of the People’s Republic of China, established with the participation of the country’s leading financial institutions. The Fund serves as one of the key instruments supporting the Belt and Road Initiative and focuses on investments in the energy, infrastructure, and industrial sectors across Eurasia.

Samruk-Energy JSC conducts compliance training

Samruk-Energy JSC has conducted a training session focused on compliance, the anti-corruption legislation of the Republic of Kazakhstan, and the Company’s updated internal regulatory documents.

The training, organized by the Compliance Service, was delivered to employees of the Company and its subsidiaries and affiliates.

The session covered key requirements of the anti-corruption legislation of the Republic of Kazakhstan, as well as the role of the Company’s compliance function in ensuring adherence to applicable requirements and mitigating compliance and corruption risks.

Participants were introduced to the core instruments of the Company’s anti-corruption framework, including third-party due diligence, corruption risk assessment, and income declaration requirements.

Particular attention was given to the Company’s updated internal compliance framework, including the operation of the whistleblowing hotline, the protection of reporting individuals, adherence to the zero-tolerance policy on corruption, and procedures for handling conflicts of interest and attempted bribery.

The training is aimed at enhancing compliance awareness, fostering an anti-corruption culture, and promoting integrity across the Samruk-Energy group of companies.

Samruk-Energy JSC launches construction of another major wind power project in the CIS

An official ceremony marking the start of construction has been held in the Pavlodar region for a 1 GW wind power plant — set to become the largest in Kazakhstan and across the CIS. The project is being implemented by Samruk-Energy JSC in partnership with State Power Investment Corporation (SPIC) and is intended to advance renewable energy development in Kazakhstan, as well as strengthen strategic cooperation between the Republic of Kazakhstan and the People’s Republic of China.

A ceremonial time capsule was laid in the Pavlodar region, symbolizing the project’s transition to the implementation and construction phase. The event brought together representatives of government authorities, national companies, and international partners.

Remarks were delivered via videoconference by Nurlan Zhakupov, Chairman of the Management Board of Samruk-Kazyna JSC; H.E. Han Chunlin, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Kazakhstan; and Chen Haibin, Vice President of State Power Investment Corporation. The speakers highlighted the project’s importance for strengthening energy security, supporting economic decarbonization, and attracting investment into green energy.

The official launch of construction at the project site took place with the participation of Kairat Maxutov, Chairman of the Management Board of Samruk-Energy JSC; Asain Baikhanov, Mayor of Pavlodar region; and Shou Rufeng, Chairman of the Management Board of SPIC Green Energy.

“The implementation of this large-scale renewable energy project will make a significant contribution to enhancing the resilience of the power system and achieving Kazakhstan’s strategic objectives for the development of a green economy”- said Kairat Maxutov, Chairman of the Management Board of Samruk-Energy JSC.

The project includes the construction of a 300 MW energy storage system, which will enhance the reliability of power supply and improve the efficiency of integrating renewable energy into the grid. Total investment is estimated at approximately USD 1.2 billion. The wind power plant is scheduled to be commissioned in 2029.

Samruk-Energy JSC and China Huadian Overseas Investment Co., Ltd. sign Memorandum of Understanding

A meeting was held at Samruk-Energy JSC between Chairman of the Management Board Kairat Maxutov and Mr. Zhou Dehua, Vice President of China Huadian Overseas Investment Co., Ltd. Following the discussions, the parties signed a Memorandum of Understanding aimed at advancing strategic cooperation in the energy sector.

The Memorandum outlines collaboration across a broad range of areas, including the development and implementation of projects in renewable energy, hydropower, flexible generation, and energy storage solutions, including PSH and BESS.

Particular emphasis will be placed on the digitalization of energy assets, the deployment of advanced technologies, predictive analytics, and artificial intelligence–based solutions, as well as on research collaboration, knowledge exchange, and workforce development.

As part of the Memorandum, the parties agreed to establish a joint working group to facilitate the preparation of subsequent agreements and the detailed development of joint initiatives. Designated coordinators from both companies will ensure structured and effective follow-up.

“Signing this Memorandum with China Huadian Overseas Investment Co., Ltd. opens up new opportunities to expand international cooperation and jointly deliver promising energy projects. We expect this partnership to contribute to the adoption of advanced technologies, the development of energy infrastructure, and the strengthening of sector resilience,” said Kairat Maxutov, Chairman of the Management Board of Samruk-Energy JSC.

China Huadian Overseas Investment Co., Ltd. is a subsidiary of China Huadian Corporation, one of China’s “big five” state-owned power generation groups. The group’s total installed capacity exceeds 203 GW, with more than 4.5 GW of projects located overseas. The company operates in over 30 countries worldwide.