Construction of the 3rd power unit at Ekibastuz SDPP-2

Ekibastuz SDPP-2 Board of Directors made the decision on the approval of further implementation of the project for the construction of power unit No. 3 at the plant.  Bakitzhan Zhulamanov, the Chairman of the Management Board of “Samruk-Energy” JSC, informed this today during his speech at the Committee for Economic Policy, Innovative Development and Entrepreneurship of the Senate of the RK Parliament. According to the head of the largest Kazakhstani power holding company, it is planned to complete the adjustment of the design estimate documentation of the project on the expansion and reconstruction of Ekibastuz SDPP-2 in 2020.

The construction of the new power unit at Ekibastuz SDPP-2 will increase its installed capacity by 636 MW.

In 2021, Samruk-Energy plans to file an application for obtaining an individual capacity tariff starting from 2025 to the Market Council within the framework of capacity market in order to ensure the return on the project.

It is worth reminding that “Samruk-Kazyna” JSC repurchased a 50 percent equity stake in the plant from the Russian “INTER RAO UES” OJSC in December 2019 and today the Fund owns “Ekibastuz SDPP-2 Plant” JSC in conjunction with “Samruk-Energy" JSC.

The issues of power industry and the uninterrupted supply of electricity to consumers were discussed today in the Senate of the RK Parliament during a meeting of members of the Committee for Economic Policy, Innovative Development and Entrepreneurship, the Committee for International Relations, Defense and Security with authorized agencies.

For reference:

“Samruk-Energy” JSC is the largest power holding company in Kazakhstan, 100% owned by “Samruk-Kazyna” SWF JSC. It was established in 2007. Core business: electricity and heat production; transmission, distribution and sale of electricity, power coal mining. The holding company comprises energy and coal enterprises, including “Ekibastuz SDPP-1” LLP, “Ekibastuz SDPP-2 Plant” JSC, “Bogatyr Komir” LLP, “Almaty Power Plants” JSC, “Moynak Hydropower Plant named after U.D. Kantayev” JSC, “Shardarinsk HPP” JSC, etc.

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