Dear colleagues and partners!

The year 2021 for the Company was full of bright and significant events and challenges. The year passed under the sign of the 30th anniversary of Kazakhstan’s Independence, and power engineers have contributed significantly to the country's development, ensuring its energy security with their work.

Amid the COVID-19 epidemic, “Samruk-Energy” JSC ramped up efforts to secure occupational safety across its group of companies and successfully conducted an employee vaccination campaign. In 2021 all our power plants and enterprises operated as usual and fully met their commitments to consumers for the supply of electricity and coal shipment owing to effective measures aimed at fighting coronavirus infection

According to the data from System Operator, the republic’s electricity consumption demonstrated a 6% increase in January-December 2021 compared to January-December 2020. Thus, consumption grew by 5% in the northern zone of the republic, by 9% in the southern zone, and by 7% in the western zone. During this period, “Samruk-Energy” JSC energy-producing organizations increased electricity generation by 13.5%. In 2021, “Bogatyr-Komir” LLP, a coal mining company that is a part of our power holding company, sold 44,741 thous. tons of coal, of which 34,939 thous. tons were shipped to Kazakhstani consumers, and 9,802 thous. tons were exported (the RF).

Against the backdrop of rapidly growing electricity consumption in the republic, growing issues of reducing the available power reserves has become one of the challenges for the entire industry. Construction and commissioning of new power plants and the expansion of existing ones are the ways for “Samruk-Energy” JSC to handle the problem at this stage. In 2021, as part of its investment programs, the company continued implementing several key projects. The restoration of 500 MW power unit No. 1 at Ekibastuz SDPP-1 is underway. The implementation of the project will allow restoring the plant's design capacity of over 4,000 MW. The work on the expansion of Ekibastuz SDPP-2 including the construction of power unit No.3 continues. The delivery of equipment was completed in 2021, and construction and installation work on switching to a cyclic-and-continuous technology for the extraction, transportation, blending, and loading of coal at the Bogatyr open-pit mine was performed. The project is scheduled to be completed in 2022. A decision on the gasification of Almaty CHP-2 was made, this will improve the environmental situation in the country's largest city, and it was decided to retrofit Almaty CHP-3, which involves the increase in installed capacity to 450 MW.

The development of renewable energy sources occupies a major part of “Samruk-Energy” JSC investment projects. The company plans to complete two projects in wind energy. The first 60 MW wind power plant is being built in the Enbekshikazakh district of Almaty region; in the future, the station's capacity is planned to be increased to 300 MW. The site of the second 50 MW wind power plant is located in the vicinity of Ereymentau city in Akmola region.

Speaking about the ongoing projects and comprehensive work performed by “Samruk-Energy” JSC group in 2021, it is worth noting the contribution of all our employees. Successful performance and stability of a large power holding company are ensured by daily and hard work in workshops and plants, construction sites, open-pit mines, offices, and laboratories of our companies. Gratitude is extended to the sole shareholder of the company – “Samruk-Kazyna” JSC, and all our partners and power industry experts for their assistance and support.

I would like to wish you all sound health, happiness, well-being, and good luck to your family and friends!