During a recent visit to the People’s Republic of China, Kairat Maxutov, Chairman of the Board of “Samruk-Energy” JSC and He Xi, Chairman of the Board of China Power International Holding, signed an agreement to develop a 1 GW wind power plant equipped with an energy storage system in the Republic of Kazakhstan.

The agreement outlines the collaborative efforts in the project’s development and coordination of activities for its implementation. During the meeting, both parties emphasized the need for joint efforts to expedite project initiatives and discussed the integration of this significant renewable energy facility into Kazakhstan's energy system.

Делегация АО «Самрук-Энерго» под руководством Председателя Правления Кайрата Максутова в рамках рабочей поездки в г. Пекин провели встречу с руководством Power China Resources.

В ходе переговоров были детально обсуждены планы по строительству ветровой и гидроэлектростанции общей мощностью 810 МВт в Казахстане.

Стороны договорились о необходимых мероприятиях по разработке технико-экономического обоснования, проведения ветроизмерительной кампании, получения отчета по оценке воздействия на окружающую среду по международным стандартам. Также стороны наметили план работ на ближайшее время по реализации проектов.

Nurlan Zhakupov, Chairman of the Management Board of “Samruk-Kazyna" JSC held a meeting in Beijing with Zhou Fugui, Chairman of the Board of Directors of Sany Renewable Energy.

Earlier, during the Kazakhstan-China Business Council, a joint development agreement was signed with Sany Renewable Energy to localize the production of components for wind power plants, including blades, nacelles, and towers.

The parties discussed the current progress of the project during the meeting.

“This year, we have already held four high-level meetings in both China and Kazakhstan, highlighting the strategic nature of our partnership,” Nurlan Zhakupov noted during the discussions.

Sany Renewable Energy (a subsidiary of Sany Group) - is one of the world’s largest manufacturers of wind turbines.

Source: @samrukkazyna_official

Fitch Ratings has affirmed the long-term credit rating of JSC Samruk-Energy in both foreign and local currencies at "BB+" with a "Stable" outlook.

The rating affirmation is based on positive expectations regarding the company’s operational performance and strong government support. In 2024, the state transferred two hydropower plants to Samruk-Energy, and equity injections from “Samruk-Kazyna” JSC are planned to support the company’s investment plan in the coming years.

The agency assesses the role of state policy as "strong," given that Samruk-Energy is responsible for approximately 34% of Kazakhstan's electricity production and 40% of coal extraction, while also being a major employer and implementing several strategic projects for the state.

The confirmed rating also considers the ongoing policy of tariff increases, the presence of approved individual capacity tariffs for completed projects, and new investment agreements for projects such as SDPP-1, SDPP-2, and APP, which are set to take effect in 2025 and 2027, respectively.

Additionally, the agency notes the increasing share of international and local financial institutions in the company’s credit portfolio, indicating a high-quality debt profile. At the same time, the agency emphasizes that Samruk-Energy has sufficient liquidity and cash reserves to fully cover its short-term obligations.

Nurlan Zhakuplov, Chairman of the Management Board of “Samruk-Kazyna” JSC meets with Lu Zexiang, Chairman of China Energy International Group in Beijing

The meeting focused on expanding cooperation in the energy sector, with a particular emphasis on renewable energy initiatives.

On July 2, 2024, during the Kazakhstan-China Business Council held in Astana, “Samruk-Kazyna” JSC and China Energy Overseas Investment, a subsidiary of China Energy International Group, signed a Memorandum of Understanding to collaborate in the field of renewable energy.

Building on this strategic partnership, today’s meeting saw Kairat Maxutov, Chairman of the Management Board of Samruk-Energy, and Lin Xiaodan, Chairman of China Energy Overseas Investment, sign an agreement for the joint development of new energy projects. 

The agreement outlines plans for the construction of a 500 MW wind power plant in the Karaganda region and a 300 MW solar power plant in the Turkestan region, supporting Kazakhstan's shift towards sustainable energy solutions.

China Energy International Group is a global leader in coal mining, thermal power, wind energy, coal processing, and water resource management.

Source: @samrukkazyna_official

Arai Serikzhanova, Senior manager of the Corporate Governance and Sustainable Development Department at "Samruk-Energy" JSC, participated in the 7th Vienna Energy Security Dialogue. 

Arai spoke during the interactive panel session "Energy Education, Efficiency, and Inclusivity for Enhancing Energy Security", where participants discussed the importance of a skilled and inclusive workforce for a successful energy transition. The session also focused on preparing future leaders in renewable energy, engaging youth, and increasing the participation of women in the energy sector. 

During her speech, Arai Serikzhanova emphasized the role of women in the energy sector and the energy transition. She noted that women make significant contributions through their multitasking abilities, flexibility, and capacity to make decisions in uncertain situations. Arai also shared her experience with the OSCE and GWNET mentorship programs, in which she participates. According to her, such programs play a crucial role in professional development, helping women in energy to strengthen their skills, expand their networks, and advance their careers. 

The forum brought together over 200 participants, including representatives from government, business, academia, and civil society. 

Automated monitoring and control systems (AMS) for air emissions have been installed at the stationary emission sources of B. Orazbayev CHP-1 and the Western Thermal Complex of  "APP" JSC. The implementation of these projects marks a significant milestone in the environmental safety program of "Samruk-Energy" JSC. The company is actively working to enhance the effectiveness of its environmental protection measures.  

The installation of the automated emission monitoring system will enable the company to track, control, and reduce the impact of its facilities on urban and natural environments. The system is designed to monitor gaseous (smoke) emissions from key stationary sources, as well as calculate the total volume of emissions for substances like nitrogen oxides (NO, NO2, NOx), sulfur dioxide (SO2), and others. In addition, the AMS ensures the real-time transmission of data to the information system of the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan. 

Currently, the AMS at CHP-1 and the WTC is undergoing testing. Data transmission channels are being configured, and integration with the Ministry's database is in progress. Once the heating season begins and the boiler units are operational, the system will commence data transmission. 

The Human Resource Management Department, in line with the HR policy plan of “Samruk-Energy” JSC, organized a meeting between participants of the company's Talent Pool and members of the Appointment and Remuneration Committee of the Board of Directors. The event, themed "Leader in the Modern World" aimed to underscore the importance of developing leadership qualities in today's evolving business environment. 

During the meeting, senior executives shared their personal career journeys, inspiring participants toward continued professional growth. 

The Talent Pool members were introduced to key tools for goal achievement. They engaged in practical exercises and exchanged ideas, proposing innovative approaches to leadership development. 

The knowledge and skills acquired will be applied by participants in their professional activities, contributing to improved operational efficiency. 

The Autumn HR Connect event was organized by the Human Resources Department of “Samruk-Energy” JSC. HR specialists from companies within Samruk-Kazyna group participated in the event. 

Samruk-Energy's HR Department staff shared their expertise with colleagues on topics such as workplace ergonomics, employer branding, and the continuous improvement initiatives being implemented within the company. They also discussed the activities of Samruk-Energy's Women's Club, the pensioners' support program, and the dual education program in subsidiary organizations. 

The participants actively engaged in discussions on current issues, exchanged best practices, and shared their experiences. HR Connect became a significant platform for networking and the introduction of innovations in human resources management. 

Madina Aisarieva, Director of Corporate Governance and Sustainable Development Department at “Samruk-Energy” JSC, and Lyazzat Akhmurzina, Executive Director of Kazenergy Association, held a meeting with representatives of the Women's Club at “APP” JSC. The ninth meeting of the club reviewed the results of the First Women's Forum of Samruk-Energy group, which took place in early September in Astana.   

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Madina Aisarieva spoke about the strategic objectives of the women’s agenda and plans to empower women in the energy sector.

"Currently, women make up 26% of the workforce within Samruk-Energy group. We are striving to create an inclusive work environment where every woman can realize her potential" said Madina Aisarieva, founder of Samruk-Energy Women's Club. 

Lyazzat Akhmurzina, Executive Director of KAZENERGY, informed participants about the activities of the association's Women’s Energy Club, including the training sessions and seminars it conducts. She highlighted the EMBA Program "Women's Leadership in Energy Sector", implemented at the Safi Utebayev Atyrau Oil and Gas University. This program aims to prepare future leaders, providing quality education and supporting women in the energy sector. 

The head of the personnel training department at “APP” JSC spoke about the activities of the company's Women's Club. The club has brought together about 300 participants. During this time, the proportion of women in the talent pool has reached 25%, with 25 promotions recorded. Women have become more active in discussing the company’s pressing issues, enhancing their skills, developing creative abilities, and participating in public activities. 

The meeting of the Women’s Club representatives concluded with a tour of CHP-1, which will celebrate its 90th anniversary in 2025.