THERMAL POWER PLANTS
“Almaty Power Plants” JSC (“Samruk-Energy” JSC – 100%)
“Almaty Power Plants” JSC (“APP” JSC) is power-producing organization engaged in production of heat and electricity in Almaty city and Almaty region. “APP” JSC provides the population, industrial and agricultural enterprises with electricity and heat and is a heat producing natural monopoly entity.
To date, the heat and electricity generated covers about 70% of the needs of Almaty city and Almaty region.
The structure of “APP” JSC includes the following production units – CHP-1 named after B.Orazbayev; CHP-2 named after A.Zhakkutov; CHP-3; Kapshagay HPP named afer Sh.Chokin; Cascade of Almaty HPP; Western Thermal Complex; Center for receiving and discharge of fuel, Industrial repair enterprise (IRE) "Energoremont".
A supply chain of the entity
Production of electricity and heat for their transmission to consumers.
The direct production of heat and electricity starts with the supply of energy resources (fuel, water) to the energy equipment of energy sources. Part of the generated electricity and heat is consumed by energy sources for their own needs, the rest of the generated energy is sold on the basis of contracts for the sale of electricity and heat. Almaty region is the market for electricity and heat sale.
Location: the Republic of Kazakhstan, Almaty c., Dostyk ave, 7
Chairman of the Management Board: Kirkinbayev Y.A.
Financial performance
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Net income/loss |
mln tenge |
4,073 |
5,685 |
(11,656) |
EBITDA |
mln tenge |
14,326 |
17,457 |
16,664 |
EBITDA Margin |
% |
22 |
23 |
21 |
Results of operating activities
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Installed electric capacity |
MW |
1,235.7 |
1,235.7 |
1,235.7 |
Electricity production volume |
mln kWh |
5,397 |
5,335 |
5,008 |
Electricity sales volume |
mln kWh |
4,726 |
4,689 |
4,253 |
Heat production volume |
thous. Gcal |
5,024 |
5,596 |
5,826 |
Heat sales volume |
thous. Gcal |
4,980 |
5,564 |
5,554 |
Main consumers |
“AlmatyEnergoSbyt” LLP, “Alatau Zharyk Company” JSC, “Almaty International Airport” JSC, "Holding Almaty Su" PU |
Performance
ENVIRONMENTAL PERFORMANCE

SOCIAL INDICATORS

THE AMOUNT OF UTILIZED INVESTMENTS

“Ekibastuz SDPP-1 named after Bulat Nurzhanov” (“Samruk-Energy” JSC – 100%)
"Ekibastuz SDPP-1" LLP is a thermal power plant with an installed capacity of 4,000 MW, located on the northern shore of Lake Zhengeldy, 16 km north of Ekibastuz Pavlodar region. The enterprise is the largest thermal power plant in the Republic of Kazakhstan, operating on solid fuel, and the main energy-producing enterprise in the region. Being the largest power plant in Kazakhstan, “Ekibastuz SDPP-1” LLP is also one of the largest coal-fired power plants in the world with a current available capacity of 3,500 MW.
The complex consists of eight 500 MW power units, currently, power unit No. 1 is implementing a project for the modernization and reconstruction of equipment.
A supply chain of the entity
The enterprise provides electricity to the northern, eastern and southern regions of Kazakhstan, part of the electricity (2%) is exported to the Republic of Uzbekistan (RU).
The sale of electric energy is carried out from stations, with the exception of exports (on the border of the Republic of Kazakhstan-neighboring states).
Location: the Republic of Kazakhstan, Pavlodar region, Ekibastuz c., Industrial zone SDPP-1, building 2.
Director General: Yertayev E.E
Financial performance
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Net income/loss |
mln tenge |
6,406 |
4,754 |
19,121 |
EBITDA |
mln tenge |
47,870 |
43,851 |
61,176 |
EBITDA Margin |
% |
44 |
36 |
37 |
Results of operating activities
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Installed electric capacity, |
MW |
3,500 |
3,500 |
3,500 |
Electricity production volume |
mln kWh |
18,301 |
19,466 |
22,788 |
Electricity sales volume |
mln kWh |
17,622 |
18,901 |
22,496 |
Heat production volume |
Gcal |
132.3 |
288.9 |
397.18 |
Major consumers |
“Bogatyr Komir” LLP, “Energopotok” LLP, “Ontustik Zharyk” LLP, AlmatyEnergoSbyt” LLP, “Temirzholenergo” LLP, “Kazfosfat” LLP, “Zhetysu Energotrade” LLP, “Tau-Ken Temir” LLP, “Kazminerals Bozshchakol” LLP, "KEGOC" JSC. |
Performance
ENVIRONMENTAL PERFORMANCE

SOCIAL INDICATORS

THE AMOUNT OF UTILIZED INVESTMENTS

“Ekibastuz SDPP-2 Plant” JSC (“Samruk-Energy” JSC – 50%, “Samruk-Kazyna” JSC – 50%)
“Ekibastuz SDPP-2 Plant” JSC is the thermal power plant in Ekibastuz city of Pavlodar region, Kazakhstan with an installed capacity of 1000 MW.
On December 27, 2018, an agreement for the sale and purchase of 50% of shares in authorized capital of “ESDPP-2 Plant” JSC was signed between “Samruk-Kazyna” JSC (the Fund) and “Inter RAO” PJSC (IRAO) (hereinafter referred to as the Transaction).
All activities related to closing of the Deal were completed on December 13, 2019, and in accordance with the Register of Holders of Securities, as of December 14, 2019, “Samruk-Kazyna” JSC ownership right for 50% of shares was registered.
Thus, currently the shareholders of “ESDPP-2 Plant” JSC are “Samruk-Energy” JSC – 50% and “Samruk-Kazyna” JSC – 50%.
A supply chain of the entity
Electricity produced by “Ekibastuz SDPP-2 Plant” JSC is supplied to the consumer from the station's busbar. The Buyer independently, at his own expense, without the participation of the Seller, ensures the reception and transmission of electricity from the supply point to consumption points, through networks of an inter-regional and, where necessary regional level.
Location: the Republic of Kazakhstan, Pavlodar region, Ekibastuz c., Solnechny village, ABK, room 32.
Chairman of the Management Board: Medeuov Zh.K.
Financial performance
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Net income/loss |
mln tenge |
(3,063) |
(3,706) |
4,413 |
EBITDA |
mln tenge |
17,170 |
19,843 |
27,912 |
EBITDA margin |
% |
42 |
43 |
42 |
Results of operating activities
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Installed electric capacity |
MW |
1,000 |
1,000 |
1,000 |
electricity production volume |
mln kWh |
4,928.5 |
4,974 |
6,433 |
electricity sales volume |
mln kWh |
4,689.5 |
4,809 |
6,336.4 |
volume of heat sales |
thous. Gcal |
82.8 |
66.9 |
76 |
Major consumers |
“Transenergo” JSC, “APCC” JSC, “TNC Kazchrome” JSC, “LOTOS-Aktobe” LLP, “Goar” LLP, “ZHBI-25 Plant” LLP, “AS Gas-Logistic” LLP, “Stroydetal” LLP, "Aktobe Stroy Kombinat" LLP, "Production Association “KSM" LLP, "Aktobeenergosnab" LLP, "Energosistema" LLP, "Akbulak" JSC, "Transenergo" JSC |
Performance
ENVIRONMENTAL PERFORMANCE

SOCIAL INDICATORS

THE AMOUNT OF UTILIZED INVESTMENTS (50 %)

HYDROPOWER PLANTS AND RENEWABLE ENERGY SOURCES
“Shardarinsk HPP” JSC (“Samruk-Energy”JSC – 100%)
Shardarinsk hydropower plant, located in the middle reaches of Syr Darya river, is a closing hydropower plant of the Naryn- Syrdarya cascade.
The purpose of the Shardirinsk HPP is to enhance the coordination of activities for the operation of water and energy facility of Naryn-Syrdarya cascade, to improve energy supply in South Kazakhstan.
At a hydroelectric power plant, the mechanical energy of moving masses of water is converted into electricity using hydraulic turbines and hydrogenerators, which are placed together with auxiliary equipment in the building of the hydropower plant.
A supply chain of the entity
“Shardarinsk HPP" JSC generates electricity and is an energy-producing organization. For transportation over long distances and to reduce losses (to save materials) the generator voltage of 10 kV increases to 110 kV through a step-up transformer. Electricity is transmitted to the grids of “Ontustik Zharyk Transit” LLP, energy transmission organization, through 110 kV the switchgear. Electricity is then transferred to energy supplying organizations, which in turn supplies electricity to consumers.
Location: the Republic of Kazakhstan, South-Kazakhstan region, Shardara c., Elmuratov st., 13.
Chairman of the Management Board: Berlibayev A.A.
Financial performance
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Net income/loss |
mln tenge |
(692) |
612 |
1,124 |
EBITDA |
mln tenge |
909 |
4,739 |
4,934 |
EBITDA Margin |
% |
40 |
70 |
69 |
Results of operating activities
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Installed electric capacity |
MW |
50/63MW * from 27.05.2019 |
63/126 MW *-from 25.02.2020 |
126 |
Electricity production volumes |
mln kWh |
464.8 |
513.5 |
455.8 |
Electricity sales volumes |
mln kWh |
466.2 |
521.3 |
468.0 |
Major consumers |
“Energopotok” LLP, “Ontustik-Zharyk” LLP, “Ontustik Zharyk Transit” LLP, “Kazsbytgroup” LLP, “Energosnab XXI” LLP, “Yugenergoimpuls” LLP, “Garant Energo” LLP |
Performance
SOCIAL INDICATORS

THE AMOUNT OF UTILIZED INVESTMENTS

“Moynak HPP” JSC (“Samruk-Energy” JSC – 100%)
A 300 MW Moynak HPP was built as part of the State program for accelerated industrial and innovative development and in accordance with the Program for the Development of the RK Power Industry until 2030. It is located on the Sharyn River in Kegen district of Almaty region. This is one of the breakthrough projects that today successfully addresses the issues related to narrow the deficit of electricity in the southern zone of Kazakhstan's UES (Almaty, Zhambyl, Kyzylorda and Turkestan regions), covering peak loads and regulating capacity in the power system. Designed average annual electricity production of an enterprise is 1,027 bn kWh. State-of-the-art technological equipment used at the plant provides maximum automation and stability of the electricity production process. The plant is equipped with the latest hydraulic units with high technical parameters and efficiency.
A supply chain of the entity
“Moynak HPP” JSC generates electricity and is an energy-producing organization. Electricity is supplied from energy sources through 220 kV grids to consumers in the volumes agreed in concluded agreements.
Location: the Republic of Kazakhstan, Almaty region, Kegen district, Zhylysai rural district, Moynak village, 81.
Chairman of the Management Board: Aidarbekov G.A.
Financial performance
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Net income/loss |
mln tenge |
186 |
8,923 |
9,532 |
EBITDA |
mln tenge |
7,386 |
17,462 |
15,798 |
EBITDA Margin |
% |
75 |
85 |
83 |
Results of operating activities
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Installed electric capacity |
MW |
300 |
300 |
300 |
Electricity production volume |
mln kWh |
951 |
929 |
758.3 |
Electricity sales volume |
mln kWh |
952 |
944 |
780.9 |
Major consumers |
“AlmatyEnergoSbyt” LLP |
Performance
SOCIAL INDICATORS

THE AMOUNT OF UTILIZED INVESTMENTS

“Ust-Kamenogorsk HPP” JSC (“Samruk-Energy” JSC – 89.99%)
In October 2017, the concession agreement with AES Suntry Power Limited was terminated and the assets were transferred to the republican ownership of the Republic of Kazakhstan.
Core business: organizational and management activities.
Location: the Republic of Kazakhstan, Ust-Kamenogorsk, Ablaketka village.
Director: Ustyancev V.M.
“Bukhtarminsk HPP” JSC (“Samruk-Energy” JSC – 100%)
Bukhtarminsk HPP is a very cost-efficient hydropower plant both in terms of the specific volume of work and in terms of cost parameters of electricity production.
The installed capacity of hydropower plants is 675 MW, the average annual production is 2.77 bln kWh. HPP covers peak loads in the power system of Kazakhstan. In 2002, Bukhtarminskaya dam was recognized as the best in the world, as the quality of concrete exceeds all expected parameters.
Core business: Rental and management of own property, rent of other machinery, equipment and supplies.
Location: the Republic of Kazakhstan, 070825, East-Kazakhstan region, Zyrianovsky district, Serebryansk city, 5, Graftio st. The Company is on lease.
Director: Rubtsov S.N.
“Shulbinsk HPP” JSC (“Samruk-Energy” JSC – 92.14%)
In October 2017, the concession agreement with AES Suntry Power Limited was terminated and the assets were transferred to the republican ownership of the Republic of Kazakhstan.
Core business: organizational and management activities.
Location: The Republc of Kazakhstan, Semey, Shulbinsk village
Director: Volkov V.F.
“First Wind Power Plant” LLP (“Samruk-Energy” JSC- 100%)
“First Wind Power Plant” LLP is the first project in Kazakhstan in the field of development of alternative energy sources, which went through all stages of preparation in accordance with the current legislation of the Republic of Kazakhstan on support for renewable energy sources and was put into operation on August 14, 2015.
The wind farm of the company is located in Akmola region, nearby Ereymentau city, consists of 22 wind turbines with a unit capacity of 2.05 MW working safely for the environment. Since commissioning, the power plant has generated over 920 mln kWh of electricity. During this time, the rotating blades of 85-meter structures generated electricity for more than 13 bln tenge. 100% of all generated electricity goes to the National Power Grid of Kazakhstan – “KEGOC” JSC.
A supply chain of the entity
Production of electricity using renewable energy sources and its sale to the "Settlement and financial center for the support of renewable energy sources" LLP.
Location: the Republic of Kazakhstan, Akmola region, Ereymentau district, Taibai rural district, Taibai village, block
No. 041, building No. 95.
Director General: Yeskhozhin R.K.
Financial performance
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Net income/loss |
mln tenge |
1,017 |
1,880 |
1,551 |
EBITDA |
mln tenge |
3,532 |
3,842 |
3,973 |
EBITDA Margin |
% |
77 |
76 |
81 |
Results of operating activities
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Installed electric capacity |
MW |
45 |
45 |
45 |
Electricity production volume |
mln kW*h |
153 |
159.36 |
144,593 |
Electricity sales volume |
mln kW*h |
152 |
159.1 |
144,592 |
Performance
SOCIAL INDICATORS

THE AMOUNT OF UTILIZED INVESTMENTS

“Ereymentau Wind Power” LLP (“Samruk-Energy” JSC – 100%)
The main activity of “Ereymentau Wind Power” LLP is the implementation of “Construction of 50 MW wind power plant near Ereymentau c.” project and further production of electricity.
The project will consist of a maximum of 20 wind turbines, bases for cranes adjacent to each turbine, internal roads, an internal power grid, an electrical substation including control room and connection to power grid.
Location: the Republic of Kazakhstan, Nur-Sultan c., Kabanbay batyr ave., 15A.
Acting Director General: Leе V.K.
Financial performance
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Net income |
thous. tenge |
(179) |
(89) |
(385) |
EBITDA |
thous. tenge |
(176) |
(181) |
(218) |
Performance
SOCIAL INDICATORS

THE AMOUNT OF UTILIZED INVESTMENTS

“Samruk-Green Energy” LLP (“Samruk-Energy” JSC – 100%)
“Samruk-Green Energy” LLP – delivers services for production of electricity using renewable energy sources. The company provides decentralized electricity supply to remote areas.
A 2 MW SPP has been a site for testing innovative renewable energy technologies since 2015, including the first industrial-scale energy storage technology EnergyPod in the CIS and Central Asia.
In 2020, the Partnership commissioned 5 MW wind power plant Shelek, which was built as part of intergovernmental agreement between PRC and the Republic of Kazakhstan.
A supply chain of the entity
Electricity is sold through “AZhC” JSC networks to the “Settlement and Financial Center for Renewable Energy Support” LLP at fixed rates in accordance with the Law of the Republic of Kazakhstan dated July 4, 2009 No. 165-IV “On Supporting the Use of Renewable Energy Sources”. As required by the Rules for the centralized purchase and sale of electricity, which is produced by RE facilities, by the settlement and financial center, the recalculation and redistribution by the settlement and financial center of the corresponding share of electricity to a qualified conditional consumer according to the results of the calendar year dated March 2, 2015 No. 164, the settlement and financial center pays the Partnership for the entire amount of electricity produced and supplied to the power grid of energy transmission organization by the Partnership Entities within 15 (fifteen) years from the date of the start of a comprehensive test of electrical installations. However, the fixed tariff is subject to annual indexation in accordance with the Rules for setting of fixed tariffs and ceiling auction prices No. 271 dated March 27, 2014.
Location: the Republic of Kazakhstan, Almaty region, Kapshagay, Industrial st., 35/2.
Director General: Bukenov T. Sh.
Financial performance
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Net income/loss |
thous. tenge |
(42) |
(125) |
12 |
EBITDA |
thous. tenge |
36 |
26 |
136 |
EBITDA Margin |
% |
23 |
11 |
34 |
Results of operating activities
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Installed electric capacity |
MW |
2.4 |
7.4 |
8.4 |
Electricity production volume |
mln kWh |
3,327 |
7,366 |
20,454 |
Electricity sales volume |
mln kWh |
3,246 |
7,216 |
20,216 |
Performance
SOCIAL INDICATORS

THE AMOUNT OF UTILIZED INVESTMENTS

“Energia Semirechya” LLP (“Samruk-Energy” JSC – 25%, Hydrochina Corporation – 50%; Powerchina Chengdu Engineering Corporation Limited – 15% and Powerchina Resources Limited – 10%)
“Energia Semirechya” LLP is an enterprise established to provide services for production and sale of electricity, design and construction of facilities using renewable energy sources. The enterprise was established in 2009 in order to conduct activities in the construction of wind power plant with the capacity of 60 MW to 300 MW in Shelek corridor.
Location: the Republic of Kazakhstan, Almaty, Al-Farabi Avenue, 75v/7.
Director General: He Junwen
Financial performance
Indicator |
Measurement unit |
2019 |
2020 |
2021 |
Net income |
thous. tenge |
21 |
(177) |
(134) |
EBITDA |
thous. tenge |
(123) |
(97) |
(103) |
Performance
SOCIAL INDICATORS

THE AMOUNT OF UTILIZED INVESTMENTS (25 %)

“Kazhydrotechenergo” LLP (“Samruk-Energy” JSC- 100%)
“Kazhydrotechenergo” LLP implements projects on construction of four small hydropower plants (BAK-1, BAK-2, HPP-19, HPP-29) in Almaty region with total capacity of 60.8 MW.
The Partnership’s activity is directed at engineering, building facilities using RES, independent technical devices and related to them facilities for production of electricity and (or)heat using RES.
Core business: production and sale of electricity using renewable energy sources
Location: the Republic of Kazkhstan, Almaty, Kunaev st., 21B, BC "Sat", office 71
Director General: Bukhanov M.E.
“Teploenergomash” LLP (“Kazhydrotechenergo” LLP – 95 %)
The main goal of “Teploenergomash” LLP is construction of two power plants on Big Almaty Channel with a total capacity of 12 MW. It is also planned to build hydropower plants 1.2 at BAC and hydropower plants 19 on Shelek River in Enbekshikazakh district with a total capacity of 26 MW (Almaty region).
Core business: generation and sale of electricity using renewable energy sources
Location: the Republic of Kazakhstan, Almaty c.13, Al-Farabi ave., BC “Nurly Tau”, c.1V, suite 505
Director General: Abdukarimova A.S.
