“Samruk-Energy” JSC | Integrated annual report
Green energy

Across “Samruk-Energy” JSC group of companies the share of clean electricity generated without burning coal and gas in the total production volume reached 15.7 % in 2016. According to the development strategy, “Samruk-Energy” JSC sets a goal to achieve leadership positions with a share of renewable energy sources in the company’s capacity structure up to 10 % (more than 850 MW) by 2025. The company intends to consistently reduce the impact on the environment, including through an increase in the share of alternative energy sources. With the support of the European Bank for Reconstruction and Development (EBRD), the capacities of Ereymentau wind farm will be increased to 95 MW. Modernization of Shardarinsk HPP is underway.

Modernization of Shardarinsk HPP (the project is included in the SPIID and the Industrialization Map) involves the replacement of obsolete and worn-out equipment to increase the plant’s productivity and safety, which will enable to increase the installed capacity to 126 MW and produce an additional 57 million kWh per year.

The project “Construction of 50 MW wind farm in the vicinity of Ereymentau city” is implemented as part of expanding capacities in the field of renewable energy sources. The plant will produce more than 180 million kWh of electricity per year. In addition, the construction of the plant will ensure the optimal structure of generating facilities, taking into account the reduction in the total consumption of fuel and energy resources, minimizing the negative impact on the environment, as well as reducing greenhouse gas emissions.

Samruk-Energy’s investment program is aimed at modernization, reconstruction and construction of generating facilities, acquisition and expansion of interest in energy companies, as well as ensuring reliable energy supply and meeting the needs for electricity and heat.

Utilization in relation to investment program across “Samruk-Energy” JSC group of companies for 2016 at the plan of 91,825,7 million tenge was 79,061 million tenge (or 86 % of the plan), of which the amount of utilization in regard to investment projects is 41,810, 1 million tenge, at a plan of 41,366.5 million tenge (or 101 % of the plan).

The portfolio of investment projects of the Company includes 12 projects under implementation (including 4 projects implemented in the framework of SPIID and the Industrialization Map).

The company widely uses such tools as loans and bonds to attract financial resources, and also raises funds from the State budget to finance socially significant projects. At the same time, the Company uses both internal and external sources of finance such as the European Bank for Reconstruction and Development, the Eurasian Development Bank, etc.

“Samruk-Energy” JSC | Integrated annual report
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