Samruk-Energy JSC has conducted a corporate training focused on the leading international organizations and their anti-corruption standards. Organized by the Compliance Service, the program was designed to deepen employees’ understanding of global best practices in combating corruption and to highlight the importance of embedding these practices into day-to-day business operations.

Adopting internationally recognized compliance standards strengthens investor and partner confidence, mitigates legal and reputational risks, and supports the long-term sustainable development of the energy sector.

The workshop gave participants the opportunity to consolidate their knowledge of international anti-corruption frameworks and explore practical approaches to their implementation. Initiatives of this kind foster a strong culture of integrity across Samruk-Energy group and reinforce the company’s commitment to transparency and responsible business practices in the eyes of its international stakeholders.

Kairat Maxutov, Chairman of the Management Board of Samruk-Energy JSC, held a regular meeting on occupational safety with the participation of senior executives of the company’s subsidiaries and affiliates.

During the meeting, Duisenbek Shardarbekov, Director of the Occupational Health Department, presented a report on the interim results of implementing the action items recorded in the meeting minutes and provided an update on the current state of occupational safety at the group’s enterprises.

The heads of Bogatyr Komir LLP and Ekibastuz SDPP-1 named after B. Nurzhanov LLP informed the participants about the measures being taken to prevent workplace accidents.

Following the discussion, Kairat Maxutov issued a number of instructions, including strengthening control over contractors engaged in major and routine repairs at power plants and ensuring the quality of pre-shift and post-shift medical examinations of employees.

Samruk-Energy JSC held a roundtable discussion dedicated to the development of domestic production and the support of local manufacturers. Askar Baltabayev, Managing Director for Procurement and Risks, shared the company’s results and plans to increase the share of local content in procurement.

In 2024, the company planned to conclude supply contracts for goods worth KZT 140.7 billion, with local content accounting for 62% or KZT 87.2 billion. In fact, the share reached 73%, equivalent to KZT 102.7 billion.

For 2025, it is projected that contracts for goods worth KZT 199.5 billion will be signed, with local content expected to account for 74%. It should be noted that the volume of goods with local content, in monetary terms, will increase by 44% compared to 2024. This demonstrates steady growth and the expanding involvement of domestic producers in the procurement system.

The company has also exceeded its plans for offtake contracts: in 2024, 41 contracts worth KZT 10.2 billion were signed. In 2025, 22 contracts worth KZT 24 billion have already been signed, which is 135% more than in 2024.

As part of the roundtable, an offtake contract was signed between Ekibastuz SDPP-1 named after Bulat Nurzhanov LLP and Ecotec Engineering LLP for the supply of membranes for a reverse osmosis plant in the amount of KZT 117.3 million. The event also included B2B meetings, where key issues of domestic manufacturers’ participation in procurement were discussed.

Samruk-Energy JSC continues to support domestic production and strengthen its partnerships with local suppliers.

As part of the Year of Safety and Occupational Health, Samruk-Energy group of companies held a professional competition among occupational safety and health specialists.
The purpose of the event was to improve the professional knowledge of specialists in workplace safety.

The competition consisted of two stages. The first stage was a test of theoretical knowledge, while the second involved solving situational case studies based on real workplace scenarios.

Based on the results, the following professionals were recognized as the best in their field:

• Yevgeny Polomoshnov – Deputy Head of the Occupational Health and Industrial Safety Department at AES Shulbinskaya HPP LLP
• Asem Zhilkaidarova – Occupational Safety and Health Engineer at First Wind Power Plant LLP
• Darkhan Yesilbayev – Occupational Health and Safety Engineer at AES Ust-Kamenogorsk HPP LLP

The winners received diplomas and monetary certificates. We congratulate all participants and thank them for their contribution to strengthening the culture of workplace safety!

Almaty Power Plants JSC (APP) has completed preparations for the autumn–winter period and obtained all readiness certificates for the upcoming 2025–2026 heating season.

Preparations were carried out across all production departments of APP JSC, including:

-major and routine repairs of equipment at CHP and HPP plants;

-formation of required fuel and materials reserves;

-staff training and drills for operating under peak load conditions.

Obtaining the readiness certificates is the result of great teamwork. Every workshop and every plant contributed to the preparations. We have done everything to ensure that residents of Almaty city and Almaty region enter the winter season with confidence and peace of mind”-,  said Bauyrzhan Kaliev, Chief Engineer of APP JSC.

Chairman of the Management Board of Samruk-Energy JSC, Kairat Maxutov, held a meeting with the management of Halyk Bank of Kazakhstan JSC, led by Chairperson of the Management Board, Umut Shayakhmetova.

The discussions focused on the dynamic development of Kazakhstan’s energy sector and the role of Samruk-Energy in advancing its large-scale investment program.

“Halyk Bank has historically been one of the key financial partners of Samruk-Energy Group. Today, given the company’s significant growth and promising outlook, the continued development of a sustainable and mutually beneficial partnership is of particular importance”, - noted Kairat Maxutov.

Maxutov also invited Halyk Bank to take an active role in supporting Samruk-Energy’s investment initiatives — including major renewable energy projects implemented with leading international partners, as well as programs for the modernization and expansion of existing generation capacity.

At the conclusion of the meeting, both sides agreed to maintain close cooperation across key ongoing areas.

As part of a working trip to Almaty, Chairman of the Management Board Kairat Maxutov visited the construction sites of the CHP-2 modernization project and the CHP-3 reconstruction project.

At the CHP-2 site, the management of APP JSC reported on the progress of construction works and installation of main equipment. The first gas turbine and generator have already been installed, while the foundations for the second and third gas turbines with generators are ready for equipment installation.

Delivery of Siemens-manufactured gas turbines and generators is expected in October 2025 and January 2026, respectively. Delivery of the steam turbine and hot-water boilers is scheduled for Q3 2025 and Q1 2026.

Following the meeting at CHP-2, Kairat Maxutov instructed to ensure that all works are carried out in line with the schedule to commission the facility in September 2026.

At the Almaty CHP-3 reconstruction site, a report was presented by the EPC contractor. It was noted that works are underway to install the first set of the gas turbine and generator in November 2025. It was also reported that the second set of equipment successfully passed testing at Ansaldo Energia’s manufacturing facilities and will be loaded onto a vessel by September 20, 2025, for delivery to the construction site.

Additionally, it was reported that, given the increase in workforce and equipment on site, foundation pouring works will be completed this year, followed by the construction of buildings and structures.

This year, works are also scheduled to reroute 110–220 kV power grids to enable installation of the second set of main equipment.

Following the inspection of CHP-3, specific instructions were given to ensure timely delivery of equipment to the construction site in order to commission the facility by the end of 2026.

Chairman of the Management Board of Samruk-Energy JSC, Kairat Maxutov, held a meeting with the Governors of Abai region and East Kazakhstan region to discuss the construction of CHP plants in Semey and Ust-Kamenogorsk cities.

During the meeting, the electrical and thermal capacities of the future plants were determined, taking into account growing demand and the long-term development of the regions. The parties also discussed the preparation of pre-design documentation, infrastructure construction plans for the CHP plants, and the heat supply schemes for the cities.

The management of Samruk-Energy JSC noted that work is currently being finalized to attract financing for the projects, ensure investment returns, and approve technological solutions.

Separately, Kairat Maxutov emphasized that the construction of the CHP plants will employ modern clean coal technologies designed to minimize environmental impact.

The Governors of Abai region and East Kazakhstan region stressed the importance of constructing the CHP plants for ensuring economic growth of the cities and expressed their readiness to provide full support in allocating land plots and implementing measures necessary for the timely construction of infrastructure facilities.

Following the meetings, the parties agreed to conduct regular monitoring of the implementation of the outlined plans and to ensure readiness for signing contracts on the design and construction of the CHP plants in Semey and Ust-Kamenogorsk within the current year.

Video Akimat of East Kazakhstan region.

In January–July 2025, Bogatyr Komir LLP produced 24.5 million tons of coal, representing a 3.1% increase compared to the same period in 2024.

Coal sales for the seven-month period of 2025 totaled 24.6 million tons, including:

-18.8 million tons supplied to the domestic market of Kazakhstan;

- 5.8 million tons exported.

As a result, the company’s total coal sales for the first seven months of 2025 grew by 1.9% year-on-year.

Bogatyr Komir LLP continues to consistently meet market demand, pursuing a strategy of sustainable growth and improved operational efficiency.