The management of “Samruk-Energy" JSC presented operations results for 2016 at a meeting with the staff

The Chairman of the Board announced new tasks and challenges for 2017

Reporting meeting of the holding's staff was held at “Samruk-Energy” JSC on March 30. Operations results for 2016 were summed up and tasks for 2017 were outlined at the meeting.

Almassadam Satkaliyev, Chairman of the Board noted that promptly adopted anti-crisis measures in the form of investment program optimization, reducing operating costs, and additional proceeds from electricity exports provided positive production and financial results. According to the results of 2016, the consolidated profit of “Samruk-Energy” JSC amounted to about 18 bln.tenge with planned 6,5 bln. tenge or a 187% performance above target.

Electricity generation by “Samruk-Energy” JSC group increased to 22,5 bln.kWh, which is 167 mln. kWh more than in 2015. The company consistently reduces the impact on the environment, including through an increase in the share of alternative energy sources. In 2016, the share of net electricity received without burning coal and gas in total production reached 15.7%. Owing to implementation of a comprehensive environmental actions program and increase in electricity generation at RES and HPP facilities, specific pollutant emissions decreased by 3% compared to 2015. Specific ash emissions decreased by 15%.

Electricity transmission amounted to 12,1 bln. kWh, sales of electricity 8,4 bln. kWh, heat production 6,8 mln. Gcal.

The volume of coal mining increased by 2% compared to the same period of 2015 to 35 mln. tons. 74% of this volume was supplied to Kazakhstani domestic market, coal exports amounted to 9,2 mln. tons.

The resumption of electricity supplies to the Russian Federation in 2016 provided exports of 1,8 bln. kWh. 133 mln. kWh was supplied to Kyrgyz Republic, which is 23% higher than in 2015. These results were provided by strengthening sales and trading function on the basis of “Samruk-Energy” JSC Trade House as part of the company's transformation program.

Large investment projects worth a total of 48,7 bln. tenge were successfully implemented in 2016. The regional dispatch center was built in Aktau city, turbine unit No.3 of Aktobe CHP was replaced, boiler unit No. 8 was commissioned at Almaty CHP-2, and the 500 kV outdoor switchgear of Ekibastuz SDPP-1 was upgraded.

The implementation of investment programs ensured a reduction in figures for process violations among production subsidiaries and affiliates. There were no 1stdegree failures and emergencies in 2016.

The reporting meeting was held with participation of subsidiaries’ top managers. Heads of Ekibastuz SDPP-1, APP, Bogatyr-Komir and other companies reported on final performance indicators and plans for 2017.

The Chairman of the Board announced new tasks and challenges for 2017. First of all, this is expansion into new markets, ensuring profitability, implementation of production and investment programs, improving the company’s performance. The fulfillment of these tasks will create the necessary basis for ensuring the interests of the state and the expectations of the sole shareholder, as well as development of the company and each employee.


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