Regarding the article published on the information portal inbusiness.kz dated 05.12.2023 titled "Modernization of Almaty CHP-3 was extended,"Samruk-Energy” JSC wishes to clarify that the information provided in the article is currently outdated. The consolidated interim financial statements of “Samruk-Energy” JSC as of June 30, 2023, and October 30, 2023, reveal updated details on the progress of the "Reconstruction of Almaty CHP-3" project.
The revised information states that the project's implementation period has been adjusted to the timeframe of 2023-2027. This modification was necessitated by preliminary assumptions concerning the delivery timeline of key equipment, specifically steam-gas turbines and generators, from Siemens Energy.
It is important to highlight that, as of the publication date of “Samruk-Energy” JSC's consolidated financial statements for the first half and 9 months of the current year, conclusive agreements regarding the delivery date of the primary process equipment have not been reached between the EPC contractor (comprising KBI Energy Group LLP, Energo Spets Stroy LLP, LLP StandardEnergo KZ, and LLP BUILDING INDUSTRY) and Siemens Energy. This pertains to the agreed-upon timeframe aligning with the acceptable schedule for "AlES" JSC aiming for the commissioning of CHP-3 by the end of 2026.
In this vein, the EPC contractor engaged in negotiations with an alternative equipment supplier, Ansaldo Energia. Subsequently, a Slot Reservation Agreement (SRA) was signed on November 9 of this year for the manufacturing of equipment for CHP-3.
In accordance with the terms outlined in the agreement with Ansaldo Energia, the "Reconstruction of Almaty CHP-3" project is now projected to be completed by the end of 2026.