Samruk-Energy JSC. Annual Report / 2013

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04
Samruk-Energy JSC founded on April 18,
2007 in order to develop and implement long-
term government policy on modernization
of existing and introduction of new power
generating capacities by the decision of the
general meeting of founders. The founders of
the Company at the time of its creation were
Kazakhstan Holding for Management of State
Assets Samruk and Kaztransgas JSC.

04. About the Company

THE COMPANY WAS REGISTERED ON MAY 10, 2007. 
COMPANY’S CENTRAL OFFICE WAS LOCATED IN ALMATY.

On November 3, 2008 as a result of reorganization made through mergering of Kazakhstan state assets management holding Samruk and National Wealth Fund Samruk-Kazyna JSC the Company’s shareholder became National Wealth Fund Samruk-Kazyna JSC, legal successor of Kazakhstan Holdingfor Management of State Assets Samruk. In May 2010 the Company moved from Almaty to Astana. 

SAMRUK-ENERGY JSC IS THE HOLDING COMPANY, MANAGING ENERGY AND COAL ENTERPRISES ON THE TERRITORY OF REPUBLIC OF KAZAKHSTAN.

The Company’s assets are belonged to the largest generating companies, including plant of national importance as Ekibastuz SDPS-1 and SDPS-2, Zhambyl SDPS, as well as other plants producing thermal and power energy in Almaty region and in Aktobe. The basic hydraulic power plants of the Republic, parts of Irtish cascade HPP and HPPs of south regions (Shardarinsk and Moynak HPP) are represented. The Company’s assets are also held by regional distribution networks and retail companies of Almaty region, Mangistau, East Kazakhstan region, and the biggest coal producer in Kazakhstan Bogatyr Komir LLP, delivering coal to generating objects of Group and third parties, located in Kazakhstan, as well as in Russia on market conditions.

By providing the reliability of energy delivery, the Company is implementing projects aimed at reducing environment impacts. It invests the production from renewable energy sources. More detailed information can be found further in sections Information on Company’s Subsidiaries and Investment activity.