Samruk-Energy JSC participated in a Kazakhstan–UAE business roundtable held at the Astana International Financial Centre (AIFC) in Astana. The meeting was attended by UAE Minister of Energy and Infrastructure Suhail Al Mazrouei and AIFC Governor Renat Bekturov. Samruk-Energy was represented by Chief Investment Officer Ansar Aidarov.
The participants were briefed on the Company’s investment projects. Samruk-Energy is involved in Kazakhstan’s state program to bring new generating capacity online. Its project portfolio includes coal-fired, gas-fired, hydro, wind and solar power plants, which are being developed with partners from the UAE, France, Qatar, China and Russia.
The flagship project under Kazakhstan–UAE energy cooperation is a 1 GW wind farm in Zhambyl region, being developed jointly with Masdar under an intergovernmental agreement. The wind farm will be equipped with a 300 MW / 600 MWh battery energy storage system. The project represents an investment of approximately USD 1.4 billion. Construction has already begun, with commissioning scheduled for October 2029.
The parties also discussed the Company’s plans to expand into international markets, which the Board of Directors has approved as a new area of development. Samruk-Energy is open to considering joint projects with UAE partners, including as a minority investor.
Following the meeting, both sides expressed interest in further expanding their cooperation.
