State Commission for Economic Modernization considers privatization of assets of JSC Samruk-Kazyna Fund

At a meeting of the State Commission for Economic Modernization chaired by Prime Minister Askar Mamin, the issues of privatization of assets of JSC Sovereign Wealth Fund Samruk-Kazyna were considered.

The Comprehensive Privatization Plan for 2016-2020 includes 167 assets of Samruk-Kazyna JSC, of ​​which so far clauses for 138 assets have been executed. In the process of implementation and liquidation / reorganization is 21 companies.

Due to the high volatility in the international capital markets, lower energy prices and a slowdown in the world economy, it was decided to postpone for 2021–2023 the deadlines for transferring a number of strategic assets to the competitive environment: Kazmunaigas, Air Astana, Tau Ken Samruk, Qazaq Air, Samruk-Energy, Kazakhstan Temir Zholy, etc.

Origin: primeminister.kz

Elbasy chairs Samruk-Kazyna management board meeting

“Samruk-Energy” JSC cuts back on spending

“Samruk-Energy” JSC will cut its costs by 18, 5 bn. tenge in 2020. These will involve both current and capital expenditures. Actions on cutting costs are taken for purposes of implementing the instructions of Akhmetzhan Yesimov, the Chairman of “Samruk-Kazyna” SWF” JSC Executive Board, which were given at the meeting of operations headquarter of “Samruk-Kazyna” JSC.

As it is known, in March this year, the Fund’s top management and chief executive officers of portfolio companies discussed a mechanism for responding to occurred and potential risks in light of challenging global environment. Further to the meeting, the companies that are part of “Samruk-Kazyna” JSC were assigned a wide range of tasks and certain instructions including reducing costs that do not directly affect their operations.

Along with operating expenses, the company revised capital expenditures, optimization of which is 15, 8 bn. tenge, or 13% of total investment expenses. The following were optimized:

- Investment projects in the amount of 9,3 bn. tenge;

- Expenses for maintenance of production assets 2,3 bn. tenge, administrative assets - 36 mln. tenge;

- Other capital expenditures for 4,2 bn. tenge.

Today, 30% of employees of the Company’s Head office were shifted to remote work.

In general, at present “Samruk-Energy” JSC operations in power and coal sectors are carried out as usual.

Reference:

“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 Hydropower Plant named after U.D. Kantayev” JSC, “Shardarinsk HPP” JSC, etc.

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Government Relations and

Communications Office of “Samruk-Energy” JSC.

Tel: (7172) 55-30-62; This email address is being protected from spambots. You need JavaScript enabled to view it.

How power engineers worked under the conditions of COVID-19 quarantine

The coronavirus epidemic demonstrated the professionalism of Kazakhstani power engineers and showed high mobilization capabilities of the sector, even despite the wear and tear on the equipment.

11 confirmed cases of CVI were reported at the entities of “Samruk-Energy” JSC Ekibastuz energy complex during the state of emergency. As of today, 2 employees have recovered, 272 people are in home quarantine.  This refers to “Bogatyr Komir” LLP, “Ekibastuz SDPP-1 named after Nurzhanov” LLP and “Ekibastuz SDPP-2 Plant” JSC.

Today, all “Samruk-Energy” JSC power holding company’s generating, transmission and distribution companies operate as normal and fully perform their obligations to consumers regarding the supply of electricity and coal shipment. During the state of emergency, from March - May 11, 2020, the amount of electricity generated by “Samruk-Energy” JSC power plants amounted to 4 984 109 thous. kW, the volume of coal sold over the same period was 9 462 590 tons of coal. SDPP-1, SDPP-2 and APP supplied over 1 mln.Gcal of heat to consumers.

Energy enterprises have made every effort possible to prevent the spread of coronavirus infection during the state of emergency and ongoing quarantine conditions. At the same time, the power engineers ensured the operation of power plants as usual in order to fully fulfill the tasks of providing consumers with electricity, heat and hot water. Today we can say that power engineers honorably went through the quarantine.

“Bogatyr Komir” LLP, the largest coal-mining enterprise, employs more than 6500 people. During the state of emergency, 251 employees were at home quarantine. Thanks to clear actions of miners, coal mining and shipment took place as usual. Employees, who can perform their job responsibilities at home, were shifted to remote work. Additional 16 buses were involved for safe delivery to the workplace.  

At Ekibastuz SDPP-2, to ensure the continuity of the work process, 12,4% of employees who are at risk, were granted leaves for isolating them at home; due to the lack of staff and the absence of workers for temporary replacement, the shift supervisors, as well as part of the employees of the electric shop and the chemical shop, were transferred to a three-shift operation mode (seven days a week); critical areas and equipment that require ongoing maintenance by staff were identified, daily repair briefings have been transferred to remote mode.

At Ekibastuz SDPP-1, actions to ensure the protection of employees' life and health have been developed and are taken, and a “Comprehensive Plan of sanitary and anti-epidemic measures” have been put into effect. To date, 90 people are in quarantine. The lack of staff did not affect the capacity of the power plant and operating schedule. The situation did not affect the technological process. Production volumes comply with schedules of “KEGOK” JSC SO NDC.

Part of employees of “Almaty Power Plants” JSC (APP), the generating company of “Samruk-Energy” JSC Almaty energy complex, live outside the city. Employees were shifted to remote work within one day. The company decided to provide the staff who is directly engaged in manufacturing and repair works, but lives outside the metropolis, with accommodation in the city. It also reimbursed their housing costs. In total, during the quarantine period, on the basis of workers' requests, the company’s trade union concluded about 200 agreements with landlords and provided funds according to payment slips.

For reference:

“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 Hydropower Plant named after U.D. Kantayev” JSC, “Shardarinsk HPP” JSC, etc.

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Government Relations and Communications Office of “Samruk-Energy” JSC.

Tel: (7172) 55-30-62; This email address is being protected from spambots. You need JavaScript enabled to view it.

The largest Kazakhstani power plant summed up the results of the I quarter of 2020

"Ekibastuz SDPP-1 named after Bulat Nurzhanov" LLP completed the 1st quarter of 2020 with production of 5, 7 bln. kWh of electricity. At the same time, in February, the largest load in the country’s thermal power plant reported a record load for 7 power units - 3481 MW. The last time a similar indicator was in February 1986. At that time the maximum mark reached 3095 MW, but with the operation of 8 power units.

The share of electricity in the Kazakhstani market generated by ESDPP-1 amounted to 19, 4%.Compared to the 1st quarter of 2019, the share of electricity increased by 5, 1%.

Electricity sales in the Kazakhstani market increased by 31,3% compared to the first quarter of 2019 and amounted to 5,5 bn. kWh. 455 mln. kWh of electricity were sold to the Republic of Uzbekistan market.

Ekibastuz SDPP-1, which is part of “Samruk-Energy” JSC, the largest power holding company in Kazakhstan, is the flagship of the republic’s power sector. Only last year the power plant generated 18, 3 bn. kW / h. This was 17, 3% of the total share of electricity generation in the country.

The power plant demonstrated a complete readiness for the autumn-winter season with the operation of seven power units, the average unit load of which is 455 megawatts.

In order to ensure uninterrupted power supply to its consumers, a whole range of activities was conducted at the plant, such as, in 2019, the plant conducted current and extended repairs of 3 power units and major repairs of two more (No. 3 and No. 5). As of today, restoration of first power unit is underway, which like the rest units will be equipped with highly efficient advanced electrostatic precipitators with 99,6 percent ash collection degree. 

An increase of the plant’s working capacity is necessary for the Republic of Kazakhstan since this reduces the risk of energy shortages in the country and contributes to the growth of the national economy of the Republic of Kazakhstan.
It is worth reminding that Ekibastuz State District Power Plant-1 celebrated its anniversary in April this year. The power plant turned 40 years old. Today it employs more than 1400 people. Along with increasing production capacities, ESDPP-1 is actively involved in the social life of the region, providing sponsorship to social projects of Ekibastuz city, supporting charitable public foundations, and cultural events.  

“Ekibastuz SDPP-1 named after Bulat Nurzhanov” LLP is a condensation-type thermal power plant, which generates and distributes electricity with a designed installed capacity of 4,000 MW and actual (until the completion of the project for restoration of power unit No. 1) capacity of 3 500 MW. The sole shareholder of ESDPP-1 plant is “Samruk-Energy” JSC. Most of the electricity generated at the plant is distributed in the energy market of Kazakhstan. “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 Hydropower Plant named after U.D. Kantayev” JSC, “Shardarinsk HPP” JSC, etc.

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Government Relations and Communications Office of “Samruk-Energy” JSC.

Tel: (7172) 55-30-62; This email address is being protected from spambots. You need JavaScript enabled to view it.

World Day for Safety and Health at Work at power sector enterprises

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Today, April 28 is World Labor Protection Day, a holiday that has been celebrated since 2003on the initiative of the International Labor Organization (ILO).

The date is also known as World Day for Safety and Health at Work.“Samruk-Energy” JSC is constantly working on improving the safety and labor protection system. One of the main tasks of the company and the entire power holding company is to ensure safe working conditions for each employee.

Occupational health and safety is primary segment that requires unfailing implementation. Specialists in occupational health and safety of the head office and subsidiaries are on guard. A variety of actions has been taken. The principles of reporting transparency are introduced in stages: electronic journals of registration of hazardous factors, employee liability for the revealed facts of concealment of accidents has been strengthened, a moratorium on taking disciplinary actions against those responsible for incidents has been introduced, potentially dangerous situations and other events are reported and studied. Advanced equipment is purchased, such as the LOTO locking system and other security control systems. The purpose of the above listed measures is to prevent incidents with serious consequences (accidents, group and fatal accidents). Continuing education in OHS is of great importance.

Thus, the heads of the divisions in charge of occupational safety issues completed international NEBOSH safety courses, CEOs of “Samruk-Energy” JSC companies continuously undergo trainings.Today, the company is introducing a new integrated security management model. The project is implemented as part of “Samruk-Kazyna” JSC transformation and involves a transition to occupational health and safety protection management model based on an occupational risks evaluation. The project’s outcome should be a 30% reduction of workplace accidents until 2025, as well as 20% increase in the safety culture level through the improvement of the HSE management system (health, safety and the environment).However, now, the central focus of “Samruk-Energy” JSC Occupational Health and Safety and Environmental Protection Department has become the issues of prevention the spread of coronavirus infection epidemic (CVI).

The main task is to help ensure the regular operation of all strategic energy-producing and coal-mining organizations of Samruk-Energy, the largest Kazakhstani power holding company and full performance of their obligations to consumers regarding the supply of electricity and power producing coal.In order to prevent diseases of employees, “Samruk-Energy” JSC and its power producing enterprises that are part of it, have established Prompt Response Offices and have approved Action Plans for preventing the spread of coronavirus infection.As part of these actions, a set of measures is being implemented at power plants, including sanitization of vehicles for personnel delivery, as well as work and amenity spaces, cancellation of all sports and cultural events, intensified medical examination of workers, purchase of medical masks, thermal cameras, non-contact infrared thermometers, etc. Information on prevention of coronavirus infection has been posted on information boards in all shops and departments of enterprises.As of April 27, 2020, 5 cases of infection among employees were confirmed at the subsidiaries of the company (1 employee each at “Bogatyr Komir” LLP and “ESDPP-2” JSC and 3 employees at “ESDPP-1” LLP).

Contact cases were identified for cases of illness, all enterprises for confirmed cases of CVI disease interact with the sanitary and epidemiological surveillance of Ekibastuz city and the city hospital, workplaces and buses for staff were sanitized intensively.

The prompt response offices make every effort to prevent the spread of CVI.For reference:World Day for Safety and Health at Work is a holiday celebrated annually on April 28. It is also an international commemoration day for workers who have been killed or injured at work.

The idea of ​​holding World Day for Safety and Health at Work dates back to the Day of Remembrance for workers died at a workplace, which was held for the first time by American and Canadian workers in 1989.“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 Hydropower Plant named after U.D. Kantayev” JSC, “Shardarinsk HPP” JSC, etc.

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Government Relations and Communications Office of “Samruk-Energy” JSC.

Tel: (7172) 55-30-62; 8 (7172) This email address is being protected from spambots. You need JavaScript enabled to view it.

COVID-19 was identified at power plants in Ekibastuz city

Three employees of “Samruk-Energy” JSC power generating companies in Ekibastuz city have been diagnosed with coronavirus infection (CVI). A positive diagnosis for COVID-19 was confirmed by employees of production units at “Bogatyr Komir” LLP, “Ekibastuz SDPP-1 named after Nurzhanov” LLP and “Ekibastuz SDPP-2 Plant” JSC.Three employees of “Samruk-Energy” JSC power generating companies in Ekibastuz city have been diagnosed with coronavirus infection (CVI).

A positive diagnosis for COVID-19 was confirmed by employees of production units at “Bogatyr Komir” LLP, “Ekibastuz SDPP-1 named after Nurzhanov” LLP and “Ekibastuz SDPP-2 Plant” JSC.An employee at “Bogatyr Komir” LLP was included in a list of employees with a temporary disability with SARS diagnosis, after which he was hospitalized at the infectious disease department of the city hospital.

Last weekend, an employee at ESDPP-1 reached out the central city hospital with poor health and fever. From April 21, 2020, he was put in quarantine due to a previously discovered and confirmed case of CVI in another resident of Ekibastuz city with whom he could be in contact.At ESDPP-2, after the shift, an employee felt unwell and called an ambulance, which determined that earlier he had contacted with a relative who had CVI.

To date, with respect to identified cases of disease, contact persons have been identified, all enterprises, which had confirmed cases of CVI interact with the sanitary and epidemiological service of Ekibastuz city and the city hospital, intensive sanitization of workplaces and buses for staff has been conducted. The prompt response headquarters that operate at companies are implementing the necessary actions to prevent the spread of CVI.

All enterprises of the Ekibastuz energy complex of “Samruk-Energy” JSC operate as normal and fully meet their obligations to consumers as regards the supply of electricity and the shipment of coal. For example, as of April 23, 2020, ESDPP-1 produced 6,3 bn. kWh of electricity, which is 136% compared to the same period of last year, 15,2 mln. tons of coal were shipped from “Bogatyr Komir” LLP open-pit mines (102% as compared with the same period of last year).

“Samruk-Energy” JSC companies wish a speedy recovery to all those who fell sick and remind fellow citizens of the need for strict compliance with existing quarantine measures.

Government Relations and Communications Office of “Samruk-Energy” JSC.

Tel: (7172) 55-30-62; 8 (7172) This email address is being protected from spambots. You need JavaScript enabled to view it.

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Alatau Zharyk Company regularly disinfects its facilities

 

Electricity companies of Samruk-Energy holding company continue its operations as normal while complying with all sanitary standards in emergencies. In the video: disinfection of premises at “Alatau Zharyk Company” JSC, one of the enterprises of Almaty energy complex. It should be noted that now only the production staff that is essential to ensure a continuous supply of electricity works at the company.

“Alatau Zharyk Company” joint-stock company is one of the largest regional power grid companies in the south of the republic that is engaged in transmission and distribution of electricity for the population, industrial and agricultural enterprises in its area of operation - Almaty city and Almaty region. The service radius of the company extends geographically from Lake Balkhash shores to the borders with China.

“Samruk-Energy” JSC was awarded with KASE prize

“Samruk-Energy” JSC was awarded with the diploma "For the pursuit of transparency" of the Kazakhstan Stock Exchange (KASE) based on operating results for 2019 year. This is an annual event for active members of the Stock Exchange, listed companies and media representatives.

“Samruk-Energy” was included in the list of two winners among listed companies of non-financial sector of KASE. The winners of the nomination "For the pursuit of transparency" were determined taking into account the mandatory, full and timely compliance with the provisions of the Exchange Rules for the publication of information. While determining the winners, the experts considered such facts as the absence of improvement notice for untimely disclosure of information and additional publications about the main activities of the company on the KASE website, which in turn reflects the "transparency" and openness of the company in the stock market of Kazakhstan.

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“Our company pays special attention to investor relations, strives to be as transparent as possible to the market and thoroughly monitors the current situation in the global and local stock markets. The received KASE diploma is a direct reflection of “Samruk-Energy” teamwork, as well as the use of a systematic approach to the matter of posting information on the Stock Exchange's portal. So in 2019, the company developed and approved a new internal regulation on publishing information on the Stock Exchange’s portal,” said Sergey Lee, Co-Managing Director for Economy and Finance at “Samruk-Energy” JSC, at the award ceremony.

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KASE-winning companies are leaders in the quality and quantity of disclosure precedents in addition to listing requirements, and their annual reports are on the list of best content reports. The award ceremony was held in Almaty on February 28.

On the modernization of the Almaty CHP-2

In March-April 2020, Samruk-Energo plans to receive preliminary results of the development of a feasibility study for the project to modernize the Almaty TPP-2. This was stated today by the Chairman of the Board of JSC "Samruk-Energy" Bakitzhan Zhulamanov during his speech at the Committee of economic policy, innovative development and entrepreneurship of the Senate of the Parliament of Kazakhstan.

As it was said during the speech, Samruk-Energo pays special attention to environmental protection issues. Thus, in order to reduce the negative impact on the environmental situation in Almaty, a project has been launched to modernize the Almaty TPP-2. The feasibility study is being developed by the independent Kaznipienergoprom Institute»

There are several options for implementing the project:

  • construction of a new station;
  • expansion of CHPP-2 with construction of combined-cycle gas plants
  • conversion of the current station to gas.

The work of the electric power industry and uninterrupted supply of electricity to consumers was discussed in the Senate during the meeting of the members of the Committee for economic policy, innovative development and entrepreneurship and the Committee on international relations, defense and security with the competent authorities.

For reference:

“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 Hydropower Plant named after U.D. Kantayev” JSC, “Shardarinsk HPP” JSC, etc.

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Government Relations and Communications Office of “Samruk-Energy” JSC.

Tel: (7172) 55-30-62; This email address is being protected from spambots. You need JavaScript enabled to view it.

Construction of the 3rd power unit at Ekibastuz SDPP-2

Ekibastuz SDPP-2 Board of Directors made the decision on the approval of further implementation of the project for the construction of power unit No. 3 at the plant.  Bakitzhan Zhulamanov, the Chairman of the Management Board of “Samruk-Energy” JSC, informed this today during his speech at the Committee for Economic Policy, Innovative Development and Entrepreneurship of the Senate of the RK Parliament. According to the head of the largest Kazakhstani power holding company, it is planned to complete the adjustment of the design estimate documentation of the project on the expansion and reconstruction of Ekibastuz SDPP-2 in 2020.

The construction of the new power unit at Ekibastuz SDPP-2 will increase its installed capacity by 636 MW.

In 2021, Samruk-Energy plans to file an application for obtaining an individual capacity tariff starting from 2025 to the Market Council within the framework of capacity market in order to ensure the return on the project.

It is worth reminding that “Samruk-Kazyna” JSC repurchased a 50 percent equity stake in the plant from the Russian “INTER RAO UES” OJSC in December 2019 and today the Fund owns “Ekibastuz SDPP-2 Plant” JSC in conjunction with “Samruk-Energy" JSC.

The issues of power industry and the uninterrupted supply of electricity to consumers were discussed today in the Senate of the RK Parliament during a meeting of members of the Committee for Economic Policy, Innovative Development and Entrepreneurship, the Committee for International Relations, Defense and Security with authorized agencies.

For reference:

“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 Hydropower Plant named after U.D. Kantayev” JSC, “Shardarinsk HPP” JSC, etc.

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Government Relations and Communications Office of “Samruk-Energy” JSC.

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

This email address is being protected from spambots. You need JavaScript enabled to view it.