“Samruk-Energy” JSC power plants took part in the simulated trades of electric capacity held on the trading platform of “Kazakhstan Electricity and Power Market Operator” JSC (KEPMO) during 2019.

According to the results of centralized auction of capacity, which took place on November 28, 2019, the power plants of the Company sold 2,148.7 MW at a price of 590 thous. tenge / MW* month. According to the RK Law “On making changes and additions to certain legislative instruments of the RK regarding special economic and industrial zones, attracting investments, export development and promotion, as well as social security”, “Moynak HPP” JSC and “APP” JSC received individual tariffs for capacity.

The capacity volume was 61 MW for “Shardarinsk HPP” JSC and 298 MW for “Moynak HPP” JSC. Individual tariffs for capacity will ensure the return of borrowed funds used for the already constructed power plant (“MHPP” JSC), as well as refinancing of earlier received target loan for investment programs (“APP” JSC).

The project of the Transformation Program “Development of sales processes and introduction of trading processes” was completed in 2019. The introduction of the new model as part of the project resulted in the establishment of a sales department and a commercial dispatching department on the basis of the Trade House. This enabled to centralize trading activities of four subsidiaries of “Samruk-Energy” JSC.

According to the new operating model, regimes and daily schedules, export deliveries, interaction with KEGOC, KEPMO and other structures are managed at the Holding company level. Centralization of management will allow for optimal loading of power generating companies. “Samruk-Energy” JSC successfully makes every effort to increase sales of electricity from power plants that belong to the group of companies.

“Samruk-Energy” JSC trade house directly communicates with power market entities of Kazakhstan and neighboring countries, as well as conducts commercial dispatch by generating daily schedules of “Samruk-Energy” JSC group of companies, effectively distributing the declared volumes based on the feasibility of loads of subsidiary and affiliated power plants. According to the 2019 results, 28.6 bln. kWh electricity was sold to consumers of “Samruk-Energy” JSC. At this, the volume of electricity sales to the domestic market increased by 1.5 bln. kWh or 105.7 % compared to last year. “Samruk-Energy” JSC successfully completed activities on entry into power market of Central Asia in order to boost electricity sales and use export potential. According to the results of the year, 966.5 mln. kWh was exported to Uzbekistan.

According to the BP Statistical Review of World Energy, as of 2017, Kazakhstan ranks eighth in the world in terms of proven coal reserves – 25.6 bln. tons or 2.5 % of the world total. According to the Statistics Committee of the RK MNE, the country’s coal production amounted to 111 mln. tons of coal in 2019 (excluding coal concentrate) or 98 % against the same indicator in 2018 (113.7 mln. tons of coal). Power generating coal market in Kazakhstan is relatively fragmented – the major players are “Bogatyr Komir” LLP (“Samruk-Energy” JSC and “RUSAL” UC), “EEC” JSC (ERG), “Shubarkol Komir” JSC (ERG), “Kazakhmys Corporation” LLP, “Karazhyra” JSC, “Angrensor Energy” LLP.