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Kazakh Samruk-Energo to continue increasing energy capacity in 2015

Business Materials 13 March 2015 16:47 (UTC +04:00)

Baku, Azerbaijan, March 13

By Elena Kosolapova - Trend:

The Kazakh Samruk-Energo company intends to continue implementing a number of projects in 2015 to increase its energy capacity, Kanysh Moldabayev, First Deputy Chairman of the company's board, told Trend.

"First of all, the construction of the Balkhash thermal power plant in southern Kazakhstan with a capacity of 1,320 megawatts is among these projects," he said. "The construction of the power unit No3 at the Ekibastuz power station-2 with a capacity of 630 megawatts and the continued restoration of the power unit No1 with a capacity of 500 megawatts at the Ekibastuz power station-1 are also among these projects."

Moreover, he said the company intends to continue the work on the implementation of several projects for construction of small hydro power plants and wind farms.

Moldabayev added that Samruk-Energo actively cooperates with international financial institutions and is interested in attracting borrowings for its future projects.

He said the company has already achieved great success in increasing and developing its generation capacity. The reconstruction of the 500 megawatt power unit at Ekibastuz SDPP-1 was completed in 2014, after which its capacity increased to 3,500 megawatt, according to Moldabayev.

Moreover, the construction of several substations in Almaty was completed in the same year, he said.

Aside from that, as Moldabayev said, much work has been done for the energy enterprises of Kazakhstan thanks to the "Tariffs in exchange of investments" program.

The program has been active since 2009, and will come to an end in 2015.

"Our company invested significant funds in the restoration of the generating equipment and increased the capacities of our plants by over 1,000 megawatts," said the first deputy chairman of the Samruk-Energo. "We cut the harmful substances' emissions to the atmosphere, and increased the coefficient of utilization of the installed equipment."

Samruk-Energo's main task is to form a highly effective power supply system, ensuring the sustainable development of all sectors of Kazakhstan.

The Kazakh government owns a 100-percent share in the Samruk-Energo through the national welfare fund Samruk-Kazyna.

Edited by SI

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Follow the author on Twitter: @E_Kosolapova

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