“SAMRUK-ENERGY” JSC | Integrated ANNUAL REPORT

CONVENTIONAL GENERATION

“Almaty Power Plants” JSC

(“Samruk-Energy” JSC – 100 %)

“Almaty Power Plants” JSC (“APP” JSC) is an energy-producing organization engaged in heat and electricity production in Almaty city and Almaty region. “APP” JSC provides electricity and heat to the population, industrial and agricultural enterprises, and is a natural monopoly entity in heat production.

To date, the generated heat and electricity covers about 70 % of demand of Almaty city and Almaty region.

The structure of the company includes thermal plants – CHP-1, CHP-2, CHP-3; Western Thermal Complex; hydropower plants – Kapshagai and Cascade of Hydro power plants; Industrial repair enterprise “Energoremont”, Center for receiving and discharge of fuel.

Financial performance

Indicator

Measurement unit

2016

2017

2018

Net income/loss

mln. tenge

5,927

1,522

(1,620)

EBITDA

mln. tenge

14,354

12,290

11,147

EBITDA Margin

%

24

20

17

Results of operating activities

Indicator

Measurement unit

2016

2017

2018

Installed electric capacity

MW

1,239

1,239

1,235.7

Electricity production volume

mln. kWh

5,911

5,712

5,599

Electricity sales volume

mln. kWh

5,214

5,072

4,893

Heat production volume

thous. Gcal

4,971

5,507

5,916

Heat sales volume

thous. Gcal

4,970.5

5,223

5,617

ENVIRONMENTAL INDICATORS

SOCIAL INDICATORS

More information available on the website: www.ales.kz


“Ekibastuz SDPP-1 named after Bulat Nurzhanov”

(“Samruk-Energy” JSC – 100 %)

“Ekibastuz SDPP-1” LLP is the largest thermal power plant in Kazakhstan, which operates on coal-fired, located in Ekibastuz city, Pavlodar region of Kazakhstan. Operating capacity of SDPP-1 is 3500 MW. The main fuel of power plant is Ekibastuz deposits’ coal. The complex consists of 8 power units with a capacity of 500 MW each and the building itself has very impressive dimensions: the length of the main building is 500 meters, the width is 132 meters, and the height is 64 meters. Two chimneys of 310 and 330 meters each.

The company provides electricity to the northern, eastern and southern regions of Kazakhstan, part of the electricity (20 %) is exported to Russia.

Financial performance

Indicator

Measurement unit

2016

2017

2018

Net income/loss

mln. tenge

5,217

3,859

18,072

EBITDA

mln. tenge

33,978

36,826

58,979

EBITDA Margin

%

54

41

47

Results of operating activities

Indicator

Measurement unit

2016

2017

2018

Installed electric capacity.

MW

4,000

4,000

3,500

Electricity production volume

mln.,kWh

9,037

14,797

19,121

Electricity sales volume

mln. kWh

8,523

14,022

18,180

Electricity transmission volume

Gcal

27,275

175,072

Heat production volume

 

4,153

37,562

Heat sales volume

 

64

72

72

ENVIRONMENTAL INDICATORS

SOCIAL INDICATORS

More information available on the website: www.gres1.kz


“Ekibastuz SDPP-2 Plant” JSC

(“Samruk-Energy” JSC – 50 %. “Inter RAO” PJSC – 50 %)

“Ekibastuz SDPP-2 Plant” JSC is the second, after the Ekibastuz SDPP-1, thermal power plant in Ekibastuz city of Pavlodar region of Kazakhstan with a capacity of 1000 MW. The joint-stock company represents the interests of the two largest participants of the Russian and Kazakhstan power markets: “INTER RAO UES” JSC (Russia) and “Samruk-Energy” JSC (Kazakhstan), which owns 50 % of shares.

Ekibastuz SDPP-2 was designed with an installed capacity of 4,000 MW (eight power units of 500 MW each). At this time, the installed capacity of the existing SDPP is 1,000 MW, and the available – 940 MW. Reinforced concrete chimney, built in 1987, having a height of 420 m, is the highest in the world and it is listed in the Guinness Book of Records, SDPP-2 operates on high-ash coals of Ekibastuz coal basin.

Ekibastuz SDPP-2 plant was one of the first to install the highly efficient Alstom electrostatic precipitators, which allowed the plant to reduce its emissions to the atmosphere and thereby significantly improve the environmental situation in Pavlodar region.

Financial performance

Indicator

Measurement unit

2016

2017

2018

Net income /loss

mln. tenge

1,575

(19,092)

(6,823)

EBITDA

mln. tenge

13,138

12,594

16,250

EBITDA margin

%

42

37

42

Results of operating activities

Indicator

Measurement unit

2016

2017

2018

Installed electric capacity

MW

1,000

1,000

1,000

electricity production volume

mln. kWh

4,976

5,495

5,436.5

electricity sales volume

mln. kWh

4,707

5,208

5,161

volume of heat sales

thous. Gcal

70.837

66.515

78.622

ENVIRONMENTAL INDICATORS/h4>

SOCIAL INDICATORS

More information available on the website: www.gres2.kz