About the Company

“Samruk-Energy” JSC was established on May 10, 2007 in line with the decision of the general meeting of shareholders in order to implement a long-term state policy on retrofit of existing and commissioning of new generating facilities (for more details, please visit the Company’s website www.samruk-energy.kz).

“Samruk-Energy” joint-stock Company is a holding company that manages energy assets in the Republic of Kazakhstan.

The core business of “Samruk- Energy” JSC group of companies are the production of electricity, heat and hot water based on coal, hydrocarbons and water resources and sale to the public and industrial enterprises, transportation of electricity and distribution of electricity in grid, construction of hydropower plants and thermal power plants, construction and operation of renewable energy facilities, coal mining, as well as rental of property complexes of hydropower plants.

Today, the Company’s assets include the largest generating companies, including plants of national importance, such as Ekibastuz SDPP-1 and SDPP-2, the main hydropower plants of the Republic, which are included in the Irtysh cascade of hydropower plants, as well as hydropower plants in the southern regions of the country (Shardarinsk and Moynak HPP).

“Samruk- Energy” JSC assets include “Bogatyr Komir” LLP, the largest coal mining enterprise in Kazakhstan. “Samruk-Energy” JSC group of companies includes a power plant producing electricity and heat in Almaty region, as well as regional distribution networks and a distribution company.

Pursuant to the Decree of the Republic of Kazakhstan Government No. 1141 “On some matters of privatization for 2016–2020” dated December 30, 2015, acivities on sale of “Samruk-Energy” JSC to a competitive environment are underway.

In 2019, Almaty Energy Complex companies (“AZhC” JSC, “APP” JSC and “AES” LLP) were excluded from the list of assets subject to privatization, they will be retained within the Company’s structure as part of the privatization of the Company as a whole. Along with that, the State Committee for the Modernization of the Economy of the Republic of Kazakhstan decided to remove “Tegis Munay” LLP from the list of assets subject to privatization, also in order to keep the asset within the perimeter of the Company as part of the privatization of the Company as a whole. It is planned to continue implementing activities regarding the privatization of “Samruk-Energy” JSC in 2020.