The President has officially declared 2025 as the Year of skilled trades, recognizing the essential contributions of skilled professionals to the country’s development.
Energy sector workers play an essential role in sustaining daily life, ensuring uninterrupted electricity and heat supply to households, businesses, and industrial facilities. Their expertise and dedication are the backbone of Kazakhstan’s energy security and economic stability.
We take pride in our highly skilled professionals who drive progress in the energy sector. Their experience, knowledge, and commitment form the foundation of a reliable and resilient energy system.
The goal of Eco-fashion week is to inspire colleagues to adopt more sustainable habits in their daily lives—leading an active, healthy lifestyle while reducing reliance on single-use plastic bags, containers, and cups.
As part of the initiative, employees received stylish eco-friendly tote bags, which serve not only as a trendy accessory but also help minimize waste.
During Eco-fashion week, a special children’s contest is also being held, where employees’ children compete to create the best eco-friendly craft under the slogan “Give unwanted items a second life!”
Organized as part of the nationwide environmental campaign “Taza Qazaqstan”, Eco-fashion week represents an important step toward a more sustainable and greener future!
Mechanical and fittings workshop (MFW) is one of the key production units within the operational department of “Almaty Power Plants” JSC. It plays a crucial role in maintaining the high technical condition and operational reliability of the entire energy complex.
Established in 1985, the workshop has built a highly professional team over the years.
One of its experienced specialists is Eduard Balensky, a Grade 6 electrical fitter specializing in electrical equipment repair. Having worked in the workshop for nearly 30 years, he has progressed from an apprentice to a skilled professional.
"For me, it is essential to work in sync with my team and to excel in my profession. I take pride in my work and am especially happy that my children respect and admire me. That is what makes every workday meaningful”, says Eduard Balensky.
In 2024, the financial performance of “Samruk-Energy” JSC significantly improved. The company’s net profit reached 110 bn tenge for the first time, which is 2.5 times higher than in 2023 and 3.7 times greater than in 2022.
Samruk-Energy demonstrates a high level of financial stability, as confirmed by international rating agencies. Fitch Ratings affirmed “Samruk-Energy” JSC’s credit ratings at “BB+” with a “Stable” outlook.
In January 2024, a pre-listing agreement was signed under the liquidity management program with the AIFC Exchange, enabling “Samruk-Energy” JSC Group to issue bonds on AIX promptly and with preferential fees.
In 2024, the first bonds under the group program were issued on the AIFC Exchange, along with I-REC green certificates.
In May 2024, cash pooling was introduced within “Samruk-Energy” JSC Group, enhancing cash management efficiency.
In July 2024, “Samruk-Energy” JSC paid dividends in favor of its sole shareholder for the 2023 financial year in the amount of 20.6 bn. tenge. This payment represents a record-high dividend for the Group.
In 2024, “Samruk-Energy” JSC ranked 1st in the PwC Kazakhstan rating for ESG disclosure in annual reports for 2023, among 98 Kazakhstani companies. For the first time in the history of the rating, the company received a record-high score of “A+”, meeting the highest international standards.
The company's strong ESG management was further validated by an ESG rating of 24.1 awarded by the international rating agency Morningstar Sustainalytics, placing Samruk-Energy among the Top 20 best energy companies worldwide in the ranking.
In 2024, “Samruk-Energy” JSC earned 2nd place in the "Best annual report by a non-public company" category at the XXVII Annual MOEX Report Competition.
In 2024, the share of renewable energy (RES) in the electricity generation of Samruk-Energy’s group of companies increased by 8.3%.
An automated emission monitoring system was introduced in 2024 at Ekibastuz SDPP-2, Almaty CHP-1, and WHC of APP. The data from these systems are transmitted in real-time to the information system of the Ministry of Ecology and Natural Resources.
According to 2024 data, specific air pollutant emissions across Samruk-Energy group of companies decreased by 13.8% compared to 2023.
In 2024, Samruk-Energy’s group of companies implemented a comprehensive environmental program totaling over 14 billion tenge. The program included expanding green spaces at company facilities, waste management, repairing dust and gas treatment systems, and more.
Sustainable Fitch, as part of its ESG rating evaluation in 2024, highlighted the group’s active efforts in biodiversity protection and the reduction of greenhouse gas emissions (Scope 1) by 18.9% over the past four years.
The Chairman of the Management Board of “Samruk-Energy” JSC, Kairat Maxutov, held a meeting with the Vice Chairman of the Board of China Energy International Group Co., Ltd., Xue Danfeng. During the discussions, the parties addressed the implementation of joint renewable energy projects with a total capacityof 800 MW.
The legal framework for these initiatives is based on the Intergovernmental Agreement between the Government of the Republic of Kazakhstan and the Government of the People's Republic of China, signed on November 12, 2024, during the COP 29 conference.
The projects include the construction of a 300 MW solar power plant in the Turkestan region and a500 MW wind power plant in the Karaganda region. These projects are set to make a significant contribution to the development of green energy in Kazakhstan.
One of the key outcomes of the meeting was the identification of major project implementation stages. In the first half of 2025, the signing of key project documents is planned. Additionally, the parties discussed the establishment of a joint project company as part of this work.
These steps underscore the commitment of “Samruk-Energy” JSC and China Energy International Group to further strengthen their partnership and implement strategically important initiatives in the energy sector.
On January 18, 2024, during the "Kazakhstan-Italy" investment roundtable with the participation of the Head of State, a Cooperation Agreement was signed between “Samruk-Energy” JSC and Ansaldo Energia for the implementation of energy projects, including the "Reconstruction of Almaty CHP-3 based on a combined cycle gas turbine (CCGT) with an increase in plant capacity" project.
On February 2, 2024, the President of Kazakhstan signed a Decree ratifying the Intergovernmental Agreement on the "Construction of a 1 GW Wind Power Plant (WPP) with an energy storage system with Total Eren" project.
On February 14, 2024, a Heads of Agreement was signed between the Ministry of Energy of the Republic of Kazakhstan, Samruk-Kazyna JSC, and Urbacon Concessions Investments WLL (UCC) for the construction of a combined-cycle power plant of approximately 1,100 MW capacity in the Kyzylorda region.
On March 20, 2024, an Agreement on establishing long-term strategic partnership for the development of projects in priority sectors was signed between the governments of the Republic of Kazakhstan and the State of Qatar. Among the largest investment projects are the construction of a combined-cycle power plant with a capacity of 1,100 MW and the Semey Hydropower Plant (HPP) with a capacity of 350 MW.
On April 17, 2024, an Agreement was signed between the Ministries of Energy of Kazakhstan and the Russian Federation on cooperation in the construction of CHP plants in the cities of Kokshetau, Semey, and Ust-Kamenogorsk.
In June 2024, during the Kazakhstan-Korea Business Forum, Samruk-Energy, Doosan Enerbility, and KEPCO Plant Service and Engineering signed a Memorandum of Understanding (MoU), expressing their intent to collaborate on joint implementation of flue gas cleaning projects at Ekibastuz SDPP-1, Ekibastuz SDPP-2, and APP.
On July 2, 2024, during the Kazakhstan-China Business Council, “Samruk-Energy” JSC and China International Water & Electric Corp. (CWE) signed a Cooperation Agreement for the construction of Kazakhstan’s first Pumped Storage Hydropower Plant (PSH).
On July 2, 2024, within the framework of the Kazakhstan-China Business Council, a Framework Agreement (FA) was signed between “Samruk-Kazyna” JSC and CNPC for the construction of a 400 MW Wind Power Plant in partnership with PetroKazakhstan (CNPC).
On July 3, 2024, a Memorandum of Understanding (MoU) was signed, and on October 15, 2024, an Agreement on the Joint Development of an 800 MW Renewable Energy (RE) project was signed between “Samruk-Energy” JSC and China Energy.
On July 26, 2024, a Cooperation Agreement was signed for the project to expand the RE capacity to 810 MW in the Shelek Corridor.
On August 23, 2024, a Heads of Agreement was signed between “Samruk-Energy” JSC, “KazMunayGas” JSC, and PetroKazakhstan for the "Construction of a 400 MW Wind Power Plant" project.
On August 28, 2024, Ekibastuz SDPP-2 signed an EPC contract with a Russian-Kazakh consortium for the construction of the 3rd and 4th power units.
On August 29, 2024, a contract was signed for the development of project documentation for the construction of a CHP plant in Kokshetau with an electrical capacity of 240 MW and a thermal capacity of 520 Gcal/h.
In October 2024, Samruk-Energy JSC and China Power International Holding signed an Agreement to develop a project for the construction of a 1 GW Wind Power Plant with the installation of an energy storage system.
On October 30, 2024, the Law of the Republic of Kazakhstan ratified the Agreement between the Government of Kazakhstan and the Government of the State of Qatar on establishing a long-term strategic partnership for the development of priority sector projects (including the construction of a combined-cycle gas turbine power plant in the Kyzylorda region).
On November 12, 2024, at COP 29, an Agreement was signed between the Governments of Kazakhstan and China, along with an Agreement on joint investment in the 800 MW Renewable Energy project between “Samruk-Energy” JSC and China Energy. The project involves the construction of a 500 MW wind power plant in the Karaganda region and a 300 MW solar power plant in the Turkestan region.
On November 12, 2024, an Investment Agreement (IA) was signed at COP 29 for a 1 GW Wind Power Plant (WPP) project with an energy storage system, in collaboration with MASDAR.
In November 2024, during the visit of the President of Russia to Kazakhstan, a Cooperation Agreement was signed between “Samruk-Energy” JSC and “ORGRES” LLC regarding the reduction of pollutant emissions at power units No. 3 and No. 4 of Ekibastuz SDPP-2.
In November 2024, the heads of Samruk-Kazyna and Chinese company SANY Renewable Energy launched the construction of a wind turbine component manufacturing plant in the Zhambyl region.
On November 12, 2024, an Intergovernmental Agreement between Kazakhstan and China was signed at COP 29 for the 1 GW Wind Power Plant project with an energy storage system, in collaboration with China Power International Holding (CPIH), as well as an Agreement between Samruk-Energy and China Energy.
On November 15, 2024, a Power Purchase Agreement (PPA) was signed at COP 29 for the 1 GW Wind Power Plant project with an energy storage system, in collaboration with MASDAR.
On December 4, 2024, the Chairman of the Board of “Samruk-Energy” JSC and the President of Power International Holding signed a Joint Implementation Agreement (JIA) for CCGT power plant construction project in the Kyzylorda region.
As part of the 'Modernization of Power Unit No. 3' project, the project's feasibility study (FS) was developed, and in December 2024, a positive conclusion was obtained from RSE “Gosexpertiza”
By the end of 2024, the manufacturing and final testing of one set of gas turbine units (GTU) for the 'Modernization of Almaty CHP-2' project were completed.
On December 23, 2024, a certificate of commissioning was signed for Power Unit No. 1 at Ekibastuz SDPP-1. For the first time in the last 30 years, the station operated at full capacity in an eight-unit mode.
On December 23, 2024, the Board of Directors of “Samruk-Energy” JSC approved the Investment Project Portfolio. This portfolio consists of 34 projects, and the implementation of these projects will increase the total installed capacity by 16.4 GW."
On December 31, 2024, a Joint Development Agreement (JDA) was also signed with Nebras Power for the Semey HPP project.
An extensive repair campaign was conducted, with 114 units of major equipment repaired.
“Samruk-Energy” JSC Group generated 39.8 bn kWh of electricity in 2024, representing a 13% increase compared to the previous year.
In 2024, the hydropower plants of “Samruk-Energy” JSC achieved a record electricity output, generating 5.6 bn kWh of electricity. This exceeds the annual target by 1.1 bn kWh.
Moynak Hydropower Plant generated over 1 bn kWh of electricity in 2024 (1.07 bn kWh), marking the first time in the past five years it has achieved this milestone.
In October last year, Shardarinsk, Moynak, Ust-Kamenogorsk, and Shulbinsk hydropower plants achieved their annual electricity generation targets ahead of schedule, producing a total of 4.5 bn kWh of electricity.
By the end of 2024, APP, “Energia Semirechya” LLP, and “Samruk Green Energy” LLP exceeded their annual electricity generation plans by 363 mn kWh, delivering a combined total of 5.4 bn kWh.
During the Abu Dhabi Sustainability Week 2025 forum in Abu Dhabi, senior leadership of “Samruk-Energy” JSC and Masdar, a leading international renewable energy company, held a meeting to discuss the implementation of a large-scale project for the construction of a 1 GW wind power plant with an energy storage system in Zhambyl region of Kazakhstan.
Key milestones for the project in 2025 were outlined during the meeting, including design and survey work, the signing of an EPC contract, and the commencement of construction and installation activities. The project forms part of Kazakhstan's strategy to increase the share of renewable energy in the national energy mix and reduce carbon emissions.
The wind farm will generate green energy for approximately 300,000 households and is expected to offset 2 million tons of CO₂ emissions annually, making it one of the largest wind farms in the CIS region.
Aligned with Kazakhstan's climate objectives, the wind power plant in the Zhambyl region will contribute to the country achieving its goal of sourcing 15% of its energy from renewable sources by 2030.
Alexandra Iosifovna Stelmakh, a veteran of the coal industry, has celebrated her 100th birthday! Representatives from the corporate fund of “Bogatyr Komir” LLP and trade unions extended their congratulations on her remarkable milestone.
During the war years, Alexandra Iosifovna worked on the home front and later dedicated her career to the Ekibastuz coal basin. Rising through the ranks from a switch operator to a station duty officer, she earned the respect of her colleagues and recognition for her contributions to the coal industry.
Her achievements have been honored with several awards, including the Veteran of Labor medal and jubilee medals commemorating the 65th and 70th anniversaries of Victory. However, her greatest treasure remains her large family—her children, grandchildren, and great-grandchildren.
Ekibastuz SDPP-1 Unit No. 1 was commissioned, allowing the plant to operate at full capacity for the first time in 30 years.
Ekibastuz SDPP-2 signed an EPC contract for the construction of Units 3 and 4.
A contract was signed to develop design and cost-estimate documentation for the construction of a CHP plant in Kokshetau.
A large-scale repair program was successfully carried out across subsidiaries.
Samruk-Energy ranked first in PwC Kazakhstan’s 2023 ESG Information Disclosure Rating among 98 Kazakhstani companies. For the first time in the rating’s history, a record-high score of "A+" was awarded.
The 2023 Samruk-Energy Annual Report was recognized as one of the best by international organizations.
Fitch Ratings reaffirmed the company’s credit rating at "BB+" with a "Stable" outlook.
A Monitoring and Information Center was established for the first time, enabling real-time control and analysis of data from production facilities.
The company issued its first bonds under the group’s bond program and launched I-REC green certificates on the AIFC Exchange.
A new development strategy for 2024–2033 was approved.
“Samruk-Energy” JSC Women’s club was established, and the first Women’s Forum of the companies group was held.
The 3rd Youth Forum of “Samruk-Energy” JSC’s group of companies was successfully held.
