Samruk-Energy head met with Chinese energy companies

Samruk-Energy head met with Chinese energy companies

Kairat Maxutov, the Chairman of the Board of “Samruk-Energy” JSC made a business trip to the People's Republic of China, and in the country's capital, Beijing, held a number of significant meetings with the major Chinese businesses with expertise in a variety of energy-related fields.

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The head of Kazakhstani power holding company visited the headquarters of such companies as Energy China, Power China, CMEC, TBEA, MITIME, China Railway, and China Huadian as part of the trip.

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The potential for “Samruk-Energy” JSC and Chinese partners to work together in the joint construction, retrofit, and reconstruction of energy infrastructure on the territory of the Republic of Kazakhstan was considered during the meetings. Chinese businesses showcased the most recent innovations and technological approaches utilized in the construction of hydropower plants, flexible energy sources, and renewable energy infrastructure. As regards reduction of emissions and the cost of conventional fuel, the Kazakh company representatives also learned about new technology for the renovation and modernization of coal plants.

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The talks also covered the prospects for obtaining funding for the projects in “Samruk-Energy” JSC's project portfolio in addition to the production and technological aspects of the collaboration.

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Chinese business representatives stated their willingness to take part in energy projects for Kazakhstan's development, modernization, and reconstruction of power plants.

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“Samruk-Energy” JSC CEO also met with Shakhrat Nuryshev, the Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan to the People's Republic of China, during the business trip. Kairat Maxutov briefed the Kazakh Ambassador about the long-term plans for cooperation with Chinese businesses, shared the positive results of previous joint projects, and also discussed the preparations for the upcoming One Belt, One Road Forum, which is scheduled to be held on October 17-18, 2023 in Beijing.