The leading producer of electricity in Kazakhstan turns 15!

The largest electricity producer and coal supplier in Kazakhstan – “Samruk-Energy” JSC marks its 15th anniversary on May 10.

On this day in 2007, “Samruk-Energy” joint-stock company, established to implement a long-term state policy on upgrading the existing and commissioning new generating facilities, was incorporated by justice authorities and commenced its production activities.

Today “Samruk-Energy” JSC is the largest power holding in Kazakhstan. Its key business lines are the production of electricity and heat; transmission, distribution, and sale of electricity; thermal coal mining. The holding company comprises energy and coal enterprises, including the leaders of the domestic power sector – “Ekibastuz SDPP-1” LLP and “Ekibastuz SDPP-2” JSC, the largest coal mining company “Bogatyr- Komir” LLP, “Almaty Power Plants” JSC (APP), “Alatau Zharyk Company” JSC (AZhC), “AlmatyEnergoSbyt” LLP, “Moynak HPP” JSC, “Shardarinsk HPP” JSC, wind and solar power plants. “Samruk-Kazyna” SWF” JSC holds 100% of “Samruk-Energy” JSC shares.

15 key facts about the operations of “Samruk-Energy” JSC are given below for the 15th anniversary of “Samruk-Energy”, which clearly demonstrates the importance of the power holding company for the economy and people of Kazakhstan.

  • “Samruk-Energy” JSC is the republic’s leading electricity producer. The company's share is 31.4%. As the main electricity producer, “Samruk-Energy” provides reliable and stable power supply to Kazakhstani consumers, including “National Company Kazakhstan Temir Zholy” JSC, “National Atomic Company “Kazatomprom” JSC, the cities of Nur-Sultan, Almaty, Ekibastuz, Kokshetau, as well as Kostanay, Akmola, Karaganda, Zhambyl, Kyzylorda and other regions of the country.
  • Samruk-Energy is the leader in coal mining in Kazakhstan with a share of about 40%. The company is the main supplier of coal for Ekibastuz SDPPs, Almaty Power Plants, “Astana-Energy” JSC, “SevKazEnergo” JSC, “Karaganda Energocenter” LLP, “Pavlodarenergo” JSC, etc.
  • The total installed capacity of “Samruk-Energy” JSC power plants today is 6 215,1 MW This is 25.9% of the total installed capacity of all power plants in Kazakhstan.
  • “Samruk-Energy” JSC contribution to the GDP of the Republic of Kazakhstan for the entire period of operation amounted to about 1.2 tril. tenge. “Samruk-Energy” JSC payments to the state budget amounted to 250 bn. tenge.
  • Distributed economic value for all years amounted to 2.9 tril. tenge. The company invested about 895 bn. tenge in fixed assets.
  • Samruk-Energy JSC is one of the major employers in the country. Today, the actual number of staff of the “Samruk-Energy” JSC group is 16,706 people, including production personnel - 15,461 people, administrative and executive staff - 1245 people.
  • “Samruk-Energy” JSC has implemented 14 different projects in the power sector since 2007, including:

    - the restoration of power units No. 2 and No. 8 at Ekibastuz SDPP-1, with a capacity of 500 MW each.

    - construction of 300 MW Moynak hydropower plant.

    - construction of a unique solar station with a capacity of 2 MW in the city of Kapshagay, Almaty region.

    - construction of the first industrial-scale 45 MW wind power plant in Kazakhstan in the Akmola region.

    - complete upgrading of Shardarinsk HPP with the replacement of four hydroelectric units and an increase in the station's capacity to 126 MW.

  • Since 2007, 38 substations have been built and commissioned in the Almaty agglomeration under the management of “Samruk-Energy” JSC. The total increase in transformer capacity was more than 3500 MVA.
  • The most important project in the history of the Almaty energy system was the construction of 220 kV electrical grids. This enabled to creation a ring around Almaty city by combining 500kV master substations of “KEGOC” JSC and 220kV hub substations of “AZhC” JSC. The length of 220 kV power lines "Ermensay substation - Besagash substation - Almaty CHP-3" is 81.44 km, including overhead sections - 61.28 km, cable sections - 20.16 km.
  • Today Samruk-Energy runs five renewable energy facilities (solar power plants, wind power plants, and small hydropower plants). Their total installed capacity is 97.1 MW or 4.8% of the installed capacity of renewable energy facilities in the Republic of Kazakhstan. The generation of electricity by stations in 2021 amounted to 325.3 mln. kWh or 7.7% of the volume of electricity generated by renewable energy facilities in the Republic of Kazakhstan.
  • In 2021, electricity generation at “Samruk-Energy” JSC power plants reached a historical maximum - with a plan of 32,146 mln. kWh, it amounted to 35,609 million kWh, performance was 111%. Stations of national importance Ekibastuz SDPP-1 and SDPP-2 have generated the maximum electricity since commissioning.
  • In 2021, the supply of heat that are part of “Samruk-Energy” JSC – “APP” JSC, “ESDPP- 1” LLP, “ESDPP-2” JSC, with planned 5,410.5 thous. Gcal amounted to 5,766.0  thous. Gcal, or 107%.
  • “Bogatyr-Komir” LLP coal output in 2021 amounted to 44.63 mln. tons, which is higher than the planned figure by 42.06 mln. tons (106%). At the same time, the volume of coal sales amounted to 44.74 mln. tons with a planned 42 mln. tons. The sales increase is associated with the growth of demand for coal in the domestic market.
  • In 2021, “Samruk-Energy” JSC made its debut placement of green bonds in the Fund's group in the exchange of Astana International Financial Center - Astana International Exchange in the amount of 18.4 bn. tenge. Proceeds from the placement are used to finance green eligible projects in accordance with the Green Bond Principles (GBP) of the International Capital Markets Association (ICMA).
  • To date, “Samruk-Energy” JSC portfolio comprises 18 projects at the stage and in the perspective of implementation for a total amount of about 2 tril. tenge, including:

    - the first power unit of Ekibastuz SDPP-1 with a nominal capacity of 540 MW (after restoration) in commissioning in 2024.

    - commissioning of the third power unit of the Ekibastuz SDPP-2 with a capacity of 636 MW in 2026, the fourth unit with a nominal capacity of 540 MW in 2030;

    - a project for the transition to a cyclic-and-continuous method for extraction, transportation, blending, and loading of coal at Bogatyr open-pit mine;

    - from 2028 to 2035 sequential reconstruction of units 3, 4, 5, 6, 7, and 8 of Ekibastuz SDPP-1 with an increase in total capacity by 240 MW;

    - reconstruction of the Almaty CHP-3 of APP including an increase in installed capacity up to 450 MW and ensuring a maneuvering mode (commissioning in 2024);

    - reconstruction of Almaty CHP-1 of APP with an increase in capacity up to 250 MW and the possibility of maneuvering in 2024;

    - expansion of Almaty CHP-2 with the construction of a CCGT unit up to 600 MW in 2026;

    - construction of a counter-regulating Kerbulak HPP with a capacity of 40 MW, which will increase the range of power control at the Kapshagay HPP to 300 MW;

    - development in the Shelek corridor of projects for the development of the wind and hydro potential of the region.

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“Samruk-Energy” JSC Press-service

Tel: 8(7172) 55-30-62; 8 (7172) 55-30-66

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Yedil Kopenov was appointed Director General of “AlmatyEnergoSbyt” LLP

Yedil Kopenov was appointed Director General of “AlmatyEnergoSbyt” LLP by the resolution of “Samruk-Energy” JSC Board of Directors.

Kopenov Yedil Kudaibergenovich was born in 1970 in Almaty region.

He graduated from the Kazakh Pedagogical University named after Abay in 1994 with a major in History, in 2002 the University named after D.A. Kunaev with major in "Finance and Credit" and in 2011 Kazakh Agrotechnical University named after S. Seifullin with a major in Electrical Engineering.

He began his career in 1992 as a manager of commercial department, then as a commercial director at “Aziyatorgservis” company.

Over the years, he has held executive positions in power supply, power grid and energy-producing organizations: “Taldykorgan RES” OJSC, “Ushtobe RES” JSC, “Taldykorgan Joint-Stock Transport Power Grid Company” JSC, “Astanaenergosbyt” LLP, “SevKazEnergo Petropavlovsk” LLP, “Severo- Kazakhstan Energy Center" LLP, "Akmola Distribution Power Grid Company" JSC, "Akmola Distribution Power Grid Company" JSC, "SEVKAZENERGO" JSC, "Astana-ERC" LLP,

From 2016 to 2021 – the Chairman of the Executive Board at Kazakhstan Electricity and Capacity Market Operator (KEPMO) JSC, after he held the position of the Managing Director for Business Transformation, Member of the Management Board of “Samruk-Energy” JSC.

Last position: Director General of “Ekibastuz SDPP-1named after Bulat Nurzhanov” LLP.

Yerzhan Yertaev was appointed Director General of “Ekibastuz SDPP-1 named after B. Nurzhanov” LLP

Ержан Ертаев

Yerzhan Yertaev was appointed “Ekibastuz SDPP-1 named after B. Nurzhanov” LLP by the resolution of “Samruk-Energy” JSC Board of Directors.

Yertaev Yerzhan Yerbolovich was born in 1985 in the Pavlodar region.

He graduated from the Pavlodar Innovative Eurasian University in 2008 with a major in “Industrial Thermal Power Engineering” and in 2012 with a major in Law.

He started his career in 2006. In 2009, he commenced work in the public sector as the chief specialist of the energy and public utilities department of the Pavlodar region.

From 2013 to 2014, he worked as the chief expert, then the head of the accreditation department of the Committee for State Energy Supervision and Control of the Ministry of Industry and New Technologies of the Republic of Kazakhstan.

In 2015, he was appointed Head of the Accreditation Department of the Committee for Nuclear and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan.

From 2015 to 2017, he headed the territorial department of the Committee for Nuclear and Energy Supervision and Control under the Ministry of Energy of the Republic of Kazakhstan for the Akmola region.

From 2017 to 2018 - head of the territorial department for the Karaganda region. Prior to his new appointment, he served as Deputy Chairman of the Committee for Nuclear and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan.

Last position: Chief of Staff of the Chairman of “Samruk-Energy” JSC Management Board.

Address of the CEO of Samruk-Kazyna JSC to the Employees of the Fund Group

Traditionally, the “Workers’ Memorial Day” - the International Day of Remembrance of People who Died or were Injured at Work is celebrated all over the world on April 28. According to the International Labor Organization, about 6,000 people die in the workplace every day in the world, and this figure increases approximately by 10% annually.

The topic of the 2022 Workers’ Memorial Day is “Act Together to Build a Positive Safety and Health Culture”. In view of this, “joint efforts” mean the responsibility and participation of each employee in the formation of safe working conditions.

The issues of improving the health, safety and environment system (hereinafter - HSE) are of the highest priority for me personally and for the Fund as a whole. A person’s life was and remains the main value. All employees of the Fund Group, without exception, must return home to their families unharmed.

Samruk-Kazyna JSC has announced the current year as the “Year of Safety and Labor Protection”. Each of us should think about personal contribution and participation in improving the HSE system, set specific goals that contribute to achieving a high level of prevention of accidents and injuries in the workplace.

Over three years, the Fund’s Group of Companies has carried out significant work in the field of HSE. In 2021, the number of the injured decreased by 36% as compared to 2019. But we are still far from positive targets. We expect all employees of the Fund Group to increase their personal commitment to occupational safety and health issues. To do this, it is necessary to transform the culture of thinking and create a high team spirit.

I am sure we can prevent any accident.

To build a positive HSE culture, the employees should:

  • be responsible for the safe work, for their personal safety and the safety of their colleagues;
  • immediately report violations of HSE requirements, accidents, potentially dangerous incidents;
  • take measures to stop or correct unsafe work or unsafe working conditions;
  • be an active advocate for HSE compliance.

All these efforts should be supported by modern digital solutions. This is the only way we can achieve a tangible risk reduction.

Our employees are the main value of the company. The results of the Fund’s activities and the value created for investors depend on the level of professionalism and safety of each employee.

We are interested in achieving the HSE goals and encourage everyone to join in the implementation of its ideas. Our hard work to protect the health and safety of our employees, contractors and the public is a fundamental factor in the long-term and successful business of the Samruk-Kazyna JSC Group of Companies.

Almassadam Satkaliyev

April 28 World Day for Safety at Work

World Day for Safety and Health at Work is celebrated on April 28 at the initiative of the International Labor Organization (ILO) to promote the prevention of occupational accidents and diseases globally.

Every year on this day, the world celebrates the day for safety and health at work. It also has a second name - World Day for Maintenance of Health of Workers at Work. This day has gone down in history since 2003. And its creation was preceded by the Commemoration Day for Dead and Injured Workers, which was held in America and Canada (1989) as a tribute to the memory of the dead or bad injured workers on the job.

The theme of the World Day in 2022, announced by the ILO is “Act together to build a positive safety and health culture”, where its main theme is importance of social dialogue towards a culture of safety and health.

A positive safety culture is built on engagement, meaning the active participation of all parties in the continuous improvement of safety. At an environment with high safety culture, workers are not shy about expressing concerns about possible threats to their safety and health or occupational risks, and management takes the initiative to work with workers to find reasonable, effective, and reliable solutions to emerging problems. An open exchange of information and a dialogue built on trust and mutual respect is essential.

Various events, competitions are held at “Samruk-Energy” JSC and its subsidiaries and affiliates on this day, as well as campaigns like the month of occupational health and safety have been announced.

Study visit to the Pavlodar aluminum smelter

In accordance with the instructions of Satkaliyev A.M., the Chairman of the Board of “Samruk-Kazyna” JSC, the 2022 year was declared the “Year of occupational health and safety” at the group of the Fund’s portfolio companies.

To pursue the course adopted by the Fund, “Samruk-Energy” JSC Occupational Safety and Health Department continues cooperation within the scope of a memorandum in occupational health and safety concluded with “Eurasian Group” LLP.

In this vein, structural units in charge of OSH issues at “AlES” JSC, “AZhC” JSC, “ESDPP-2” JSC,  “ESDPP-1” LLP, “Bogatyr Komir” LLP, “Moynak HPP” JSC and “Shardarinsk HPP” JSC, made a study visit to the Pavlodar aluminum smelter, one of the subsidiaries of “ERG” LLP.

The main production workshops, a training area, a video monitoring center, a protective clothing showroom, etc. were visited during the acquaintance.

After getting acquainted with the structural units of the plant, the parties discussed occupational health and safety issues, the organization and operation of an occupational health system, and the investigation of accidents and incidents. “ERG” LLP employees highly rated the opportunity to exchange experience, share opinions in OSH, and expressed their willingness to continue cooperation.

Participants of the activity stated an opinion on the role of the memorandum as one of the key driving forces for preventing occupational injuries.

A new wind power plant in the Shelek corridor will operate in 2022

A new 60 MW wind power plant, which is being built 140 km away from Almaty city, is planned to be put into operation by early August this year. The plant will produce 225,7 mln.kWh of electricity annually. Besides its production characteristics, the project is essential for the region from the perspective of its environmental component. The construction and launch of the wind power plant will reduce greenhouse gas emissions by up to 206 thousand tons and will also replace about 89 thousand tons of reference fuel per year.

The energy facility is being constructed in the Enbekshikazakh district of Almaty region in the so-called Shelek corridor - a unique region for the development of renewable energy capacity, where the average annual wind speed at a height of 50 meters is 7,8 m/s, the flux density is 310 W/m2. The WPP capacity is planned to be increased up to 300 MW in the future.

The project is worth 37,4 bn. tenge and it involves the construction of 24 wind turbines, each with a nominal capacity of 2,5 MW, substations, overhead power lines, and related infrastructure. The main equipment of the plant is manufactured by GoldWind. Kazakhstani power holding company “Samruk-Energy” JSC is implementing the project in partnership with the Chinese corporation “Power China”.

According to Samruk-Energy experts, despite the energy capacities operating in Almaty city and Almaty region such as Almaty CHP, Kapshagay, and Almaty Cascade of HPPs, Zhambyl GRES, as well as Issyk, Moynak, Kataral, Taldykorgan HPPs, the region experiences power shortages and does not have sufficient own fuel resources. Due to scarce generating capacities, own energy sources cover the region's demand for electricity only by 50%. External energy producers (from the northern regions of the republic, Zhambyl GRES, and Kyrgyzstan) compensate for the energy shortfall.  These factors, as well as the presence in the region of a good resource base of renewable energy sources, served as the basis for the implementation of “Samruk-Energy” project for the construction of a 60 MW wind power plant in the Shelek corridor.

To date, 5 renewable energy facilities operate at “Samruk-Energy” JSC. Their total electricity output in 2021 was 325,3 mln. kWh. This is 7,7% of electricity generated by all renewable energy facilities in the Republic of Kazakhstan.

The company strongly supports the initiative on the development of renewable energy sources. As part of the concept of Kazakhstan's transition to a "green economy", the Power holding company strives to increase the share of electricity generation from renewable energy sources, which are already active participants in the electricity market.

By this time, in addition to the WPP in the Almaty region, Samruk-Energy is implementing a project for the construction of a 50 MW WPP in the vicinity of Ereymentau city, Akmola region.

“Samruk-Energy” JSC is the largest power holding company in Kazakhstan, 100% owned by “Samruk-Kazyna” SWF” JSC. It was established in 2007. Key business lines are electricity and heat production; transmission, distribution and sale of electricity, power coal mining. The Company was established in 2007, “Samruk-Kazyna” SWF” JSC holds 100% of shares. The holding company comprises energy and coal enterprises, including “Ekibastuz SDPP-1” LLP, “Ekibastuz SDPP-2 Plant” JSC, “Bogatyr Komir” LLP, “Almaty Power Plants” JSC, “Moynak HPP” JSC, “Shardarinsk HPP” JSC, etc.

Analysis of the Electricity and Coal Market in Kazakhstan for January-December 2021.

Electricity generation by “Samruk-Energy” JSC energy-producing organizations over the past year increased by 13.5 percent compared to 2020, amounting to 35 609,3 mln.kWh. This is stated in the Report including an Analysis of the Electricity and Coal Market in Kazakhstan for January-December 2021 posted on the company's website.

In general, according to the analysis, according to the data from System Operator, all power plants of the Republic of Kazakhstan generated 114 447,9 mln. kWh of electricity in 2021, which is 5.8% more than in 2020. The growth in a generation was observed in all zones of the Unified Energy System of Kazakhstan.

At the same time, in 2021, there was a 6% increase in the dynamics of electricity consumption of the republic in comparison with 2020 figures. So, in the northern zone of the republic, consumption increased by 5%, in the southern zone by 9%, and in the western zone by 7%.

111 742,4 thous. tons of hard coal was mined in 2021, which is 2.3% more than in 2020 (109 227,6 thous. tons).

           “Bogatyr Komir” LLP, a coal mining company in the structure of “Samruk-Energy” JSC power holding company, produced 44 632 thous. tons in  2021, which is 0.5% more than in 2020 (44 436 thous. tons). At the same time, in 2021, “Bogatyr Komir” LLP sold 44 848 thous. tons of coal, of which 34 939 thous. tons were sent to the domestic market, and 9 802 thous. tons were exported (RF). The 2021 figures demonstrate an increase in coal sales at “Samruk-Energy” JSC by 2,5% in comparison with 2020.

Market analysis shows that electricity generation by RE facilities (SPP, WPP, BGS, small HPPs) of the RK for 2021 amounted to 4 220,3 mln. kWh. The increase was 30,1% compared to 2020

Electricity production by “Samruk-Energy” JSC RE facilities (SPP, WPP, small HPPs) in January-December 2021 amounted to 325,3 mln. kWh or 7,7% of the volume of electricity generated by renewable energy facilities in the RK.

The full information of the Analysis of the Electricity and Coal Market in Kazakhstan for the period January - December 2021 is available at the link:https://www.samruk-energy.kz/ru/press-center/analytical-review#2021

 

 

“Samruk-Energy” JSC is the largest power holding company in Kazakhstan, 100% owned by “Samruk-Kazyna” SWF” JSC. It was established in 2007. Key  business lines are  electricity and heat production; transmission, distribution and sale of electricity, power coal mining. The Company was established in 2007, “Samruk-Kazyna” SWF” JSC holds 100% of shares.  The holding company comprises energy and coal enterprises, including “Ekibastuz SDPP-1” LLP, “Ekibastuz SDPP-2 Plant” JSC, “Bogatyr Komir” LLP, “Almaty Power Plants” JSC, “Moynak HPP” JSC, “Shardarinsk HPP” JSC, etc.

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The largest Kazakhstani power holding company “Samruk-Energy” JSC to issue debut green bonds

On November 25, “Samruk-Energy” JSC with the assistance of the Green Finance Center, made a debut placement of green bonds in the trading system of “Astana” International Financial Center’s stock exchange - Astana International Exchange with a coupon rate of 11,4% per annum and a circulation period of 6 (six) years and 6 (six) months.

Proceeds from placement will be used to finance green viable projects that comply with International Capital Markets Association (ICMA) Green Bond Principles (GBP).

“Halyk Finance” JSC, a subsidiary of “Halyk Bank of Kazakhstan” JSC, has become a lead manager for issue and placement of the Company's green bonds.

Sungat Yessimkhanov, the Chairman of the Management Board of “Samruk-Energy” JSC, talked about the importance of investing in green energy in order to implement the Energy Transition Plan set out in the new development strategy of the Company.

Kazakhstan, like the whole world, is embarking on the stage of 4th energy transition to the widespread use of renewable energy sources, which over time will largely supersede fossil fuels - gas, oil, coal. In this regard, global trends towards the transition to a "green economy", growing ESG requirements of stakeholders, are challenges for Samruk-Energy. This is why, the Company outlined directions for transition to a "green" economy in its Development Strategy and is confidently moving towards its accomplishment. We would like to thank the Green Finance Center, Halyk Finance and the AIFC Stock Exchange for well-coordinated work" said Sungat Yessimkhanov, the Chairman of the Management Board of “Samruk-Energy” JSC.

The debut issue of green bonds was implemented with the support of the Green Finance Center, which provided the necessary consulting support and an independent opinion in the Second Party Opinion format.

“We are undoubtedly happy and proud that such large and significant companies for the country's economy as “Samruk-Energy” JSC are stepping into the green track, recognizing their importance as an engine of sustainable development - this is, perhaps, the main result of our work as a development institution that implements financial instruments for sustainable development such as green and social bonds”, - said Aidar Kazybaev, Director General of the Center for Green Finance.

The Company bonds became the first securities where the portfolio company “Samruk-Kazyna” SWF” JSC acted as the issuer, and which comply with the green principles of the AIFC Stock Exchange. One of the strategic directions for the AIFC development is providing support to investment projects that deliver environmental and social benefits to society. It is clear that the issuance of green bonds on the AIFC Stock Exchange by the largest power holding company is a landmark event that will kick-start ESG investment expansion in Kazakhstan and motivate companies from brown sectors of the economy.

ПВЭС Акмолинская обл

“Samruk-Energy” JSC is the largest power holding company in Kazakhstan, 100% owned by “Samruk-Kazyna” SWF JSC. It was established in 2007. Core business: electricity and heat production; transmission, distribution and sale of electricity, power coal mining. The holding company comprises energy and coal enterprises, including “Ekibastuz SDPP-1” LLP, “Ekibastuz SDPP-2 Plant” JSC, “Bogatyr Komir” LLP, “Almaty Power Plants” JSC, “Moynak HPP” JSC, “Shardarinsk HPP” JSC, etc.

AIFC. The Astana International Financial Center (AIFC) was established on the initiative of Nursultan Nazarbayev, First President of the Republic of Kazakhstan – Elbasy. The Constitutional Law "On the AIFC" was signed on December 7, 2015. The goal of the AIFC – to create a leading center for international financial services. The objectives of the AIFC are to assist in attracting investments in the country's economy, create an attractive environment for investment in financial services, develop the securities market of the Republic of Kazakhstan and ensure its integration with international capital markets. www.aifc.kz

Private company "AIFC Green Finance Center Ltd." - the company established under the current law of the Astana International Financial Center, was created in order to introduce green financial instruments in Kazakhstan and Central Asia, promote the AIFC as a green financial center, and attract green investments to Kazakhstan. More detailed information about the company is available on the corporate Internet resource www.gfc.aifc.kz.

“Samruk-Energy” JSC approved new development strategy

“Samruk-Energy” JSC Board of Directors approved the new development strategy of the Company for the next 10 years. Among other things, the document includes plans for development of "green" energy.

The development strategy of the largest Kazakhstani power holding company adheres, but is not limited to, sustainable development principles set out in the United Nations Global Compact. The Strategy includes the state policy in strategic planning of the national energy security system and is consistent with key strategic directions, goals, and objectives of “Samruk-Kazyna” JSC.

During implementation of the Development Strategy, “Samruk-Energy” JSC will be committed to securing a dominant share of electricity generation in the RK market always pursuing national interests of ensuring reliable, uninterrupted supply of energy resources.

It is worth noting that Kazakhstan, like the whole world, is embarking on the stage of 4th energy transition to the widespread use of renewable energy sources, which over time will largely supersede fossil fuels - gas, oil, coal. In this regard, global trends towards the transition to a "green economy", growing ESG requirements of stakeholders, are challenges for Samruk-Energy. Recognizing the importance of the agenda and risks associated with operations based on coal generation, the company outlined directions for transition to a "green" economy in the Development Strategy and is confidently moving towards achieving it.

Various activities are planned to reduce the net carbon footprint and increase the share of clean energy, they are introduction of ESG principles, construction of renewable energy facilities, the transfer of part of the Company's assets to gas, the use of  best available technologies in carbon capture and storage, accumulation, digitization and improving energy efficiency.

We would like to remind that over January-December 2020 electricity production by “Samruk-Energy” JSC RE facilities (SPP, WPP, small HPP) amounted to 335.8 mln. kWh or 10.8% of the total electricity generated by all RES facilities in Kazakhstan. Currently, the company is working on projects related to "green" energy, including  construction of 60 and 50 MW wind power plants in Almaty and Akmola regions, counter-regulating 40 MW Kerbulak HPP on the Ili River.

“Samruk-Energy” JSC is the largest power holding company in Kazakhstan, 100% owned by “Samruk-Kazyna” SWF JSC. It was established in 2007. Core business: electricity and heat production; transmission, distribution and sale of electricity, power coal mining. The holding company comprises energy and coal enterprises, including “Ekibastuz SDPP-1” LLP, “Ekibastuz SDPP-2 Plant” JSC, “Bogatyr Komir” LLP, “Almaty Power Plants” JSC, “Moynak HPP” JSC, “Shardarinsk HPP” JSC, etc.

Ремонт энергоблока на Экибастузской ГРЭС 1

Энергоблок Экибастузской ГРЭС 2

Employee ideas will be rewarded

A mechanism for increasing employee engagement was developed as part of “Samruk-Energy” JSC Digital Transformation Program, which is aimed at continuous improvement of the company. Rewards will be provided for initiative, submission of ideas and suggestions in terms of improving the efficiency of processes in the company.

Thanks to the implementation of the “Advancing the process of continuous improvement” activity, employees will get a unified algorithm for submitting proposals to improve the Company and its subsidiaries performance. For ideas with a positive economic effect and quality benefits that will be implemented within the holding's perimeter, a cash payment will be paid to the initiator.

The activity involves such subsidiaries and affiliates as: "ESDPP-1" LLP, "ESDPP-2 Plant" JSC, "APP" JSC, "AZhC" JSC, "Moynak HPP" JSC and "Shardarinsk HPP" JSC.

The project team developed a unified idea management process, which is the basis of the internal regulatory document - “Rules for working with ideas and proposals of “Samruk-Energy” JSC and its subsidiaries employees”. A unified approach formalized the processes of submitting and considering each proposition including a follow-up implementation. Moreover, it includes a methodology for calculating the remuneration of the authors of ideas adopted for implementation.

It is noted that from early August, employees of subsidiaries and affiliates will be able to take part in training on this process. This will increase the awareness of employees, the opportunity to implement their idea in full compliance with the rules for filing and get additional income.