The Shardara HPP with an installed capacity of 126 MW (4 units) is located on the Syrdarya River and is the closing station of the Naryn-Syrdarya cascade. The HPP performs complex functions and operates according to the approved irrigation schedule, the generated electricity is consumed in the Turkestan region.
Enterprise Supply Chain
Electricity is sold from 01.07.2023through the Single Purchaser
Financial performance
Indicator
2023
2024
2025
Net income/loss, KZT mln
2,624
2,999
1,139
EBITDA, KZT mln
6,669
6,465
4,704
EBITDA Margin, %
74
75
66
Amount of disbursed investments, thousand KZT
22,414
129,802
781,724
Production indicators
Indicator
2023
2024
2025
Installed electric capacity, MW
126
126
126
Electricity production, mln kWh
529
583.4
436
Electricity sales volume, mln kWh
549
584
438
ESG indicators
Indicator
2023
2024
2025
Average salary, KZT
478,067
656,192
790,549
Ust-Kamenogorsk HPP LLP
General Director
Adilbekuly M.
Address
Republic of Kazakhstan, Ust-Kamenogorsk, Shlyuznaya 35
Ust-Kamenogorsk HPP is a hydroelectric power plant on the Irtysh River, located in the city of Ust-Kamenogorsk, East Kazakhstan region. It is part of the Irtysh cascade of hydroelectric power plants, being its second, middle stage. The main function is the generation of electricity and compensatory regulation of the flow of the Irtysh River.
Enterprise Supply Chain
Electricity is sold from 01.07.2023 through the Single Purchaser
The Shardarinsk HPP is located 70 kilometers from the city of Semey, is the third station in the Irtysh cascade of hydroelectric power plants and the largest hydroelectric power plant in Kazakhstan in terms of installed capacity. The main function - electricity generation is intended for compensatory regulation of the flow of the Irtysh River, accumulation of flows of the Ulba and Uba rivers, ensuring spring flooding of floodplain meadows in the Pavlodar region.
Enterprise Supply Chain
Electricity is sold from 01.07.2023 through the Single Purchaser
Financial performance
Indicator
2023
2024
2025
Net income/loss, KZT mln
4,500
8,883
9,366
EBITDA, KZT mln
6,460
11,980
13,197
EBITDA Margin, %
57
72
72
Amount of disbursed investments, thousand KZT
2,387,918
3,509,442
4,847,275
Production indicators
Indicator
2023
2024
2025
Installed electric capacity, MW
702
702
702
Electricity production, mln kWh
1,631.7
2,056.7
1,871.5
Electricity sales volume, mln kWh
1,744
2,035.5
1,848.4
ESG indicators
Indicator
2023
2024
2025
Average salary, KZT
562,417
692,015
837,045
Ust-Kamenogorsk HPP JSC
Director
Maitanov D.A.
Legal address
Republic of Kazakhstan, Ust-Kamenogorsk, Kazakhstan Street, 27a
Location of the executive body
Republic of Kazakhstan, Ust-Kamenogorsk,Kabanbay Batyr Street, 87/2
Ownership Share
"Samruk-Energy" JSC89.99%
Main activity
Organisational and managerial activities
Ust-Kamenogorsk HPP JSC is a joint-stock company engaged in organisational and management activities.
Bukhtarminskaya HPP JSC
Address
Republic of Kazakhstan, East Kazakhstan region, Zyryanovsky district, Serebryansk, Graftio str., 5
Employees
4people
Ownership Share
Qazaq Green Power PLC96.32%
Main Type of activity
Renting and managing your own real estate, renting other machinery, equipment and material resources
The hydroelectric power plant with an installed capacity of 675 MW is highly cost-effective and covers the peak loads of the power system of the Republic of Kazakhstan. Electricity generation for the reporting period amounted to 3,084,604 thousand kWh. In 2002, the Bukhtarma dam was recognised as the best in the world in terms of concrete quality, currently the enterprise is leased.
Public Company "Qazaq Green Power PLC"
General Director
Kasymbekov A.K.
Address
Republic of Kazakhstan, Astana, Kabanbay Batyr Ave., 15-A
Employees
26people
Ownership Share
"Samruk-Energy" JSC 100%
Qazaq Green Power PLC, established on 4 November 2022, carries out activities to develop and modernise generating capacities, introduce new technologies in the energy sector, implement investment projects and improve the efficiency and environmental safety of the energy system of the Republic of Kazakhstan.
Financial performance
Indicator
2023
2024
2025
Net income/loss, KZT mln
2,245
3,180
15,839
EBITDA, KZT mln
2,005
3,929
15,878
EBITDA Margin, %
85
87
94
Amount of disbursed investments, thousand KZT
11,874
120
128,150
ESG indicators
Indicator
2023
2024
2025
Average salary, KZT
1,297,570
2,244,991
2,002,270
Moynak HPP JSC
Chairman of the Management Board
Ismukhambetov G.Zh.
Address
Republic of Kazakhstan, Almaty region, Kegen district, Zhylysaysky rural district, Moynak village, 81
The Moynak HPP is located on the Sharyn River in the Almaty region and was built as part of the state programme for the development of the electric power industry. The plant reduces the shortage of electricity in the Southern zone of the UPS of Kazakhstan, covers peak loads and participates in power regulation. Modern equipment and hydroelectric units of the latest modification provide a high level of automation and efficiency of electricity generation.
Enterprise Supply Chain
Electricity is sold from 01.07.2023 through the Single Purchaser.
Financial performance
Indicator
2023
2024
2025
Net income/loss, KZT mln
10,738
14,114
15,833
EBITDA, KZT mln
18,348
22,331
22,665
EBITDA Margin, %
84
87
87
Amount of disbursed investments, thousand KZT
606,884
1,286,329
1,248,333
Production indicators
Indicator
2023
2024
2025
Installed electric capacity, MW
300
300
300
Electricity production, mln kWh
832
1,071
979
Electricity sales volume, mln kWh
931
1,183
1,063
ESG indicators
Indicator
2023
2024
2025
Average salary, KZT
570,153
776,445
896,875
First Wind PowerPlant LLP
General Director
Botabekov R.K.
Address
Republic of Kazakhstan, Astana, Kabanbay Batyr Ave., 15 A
The First Wind Power Plant LLP is the first renewable energy project in Kazakhstan, implemented in accordance with the legislation on the support of alternative energy and put into operation on 14 August 2015. The wind farm of 22 turbines with a capacity of 2.05 MW each is located in the Akmola region, near the city of Ereymentau, the total output since commissioning amounted to 1,577,433 thousand kWh.
Enterprise Supply Chain
Electricity is sold from 01.07.2023 through the Single Purchaser.
Financial performance
Indicator
2023
2024
2025
Net income/loss, KZT mln
3,045
3,230
3,806
EBITDA, KZT mln
5,014
5,200
6,103
EBITDA Margin, %
81
78
78
Amount of disbursed investments, thousand KZT
475,875
774,329
854,955
Production indicators
Indicator
2023
2024
2025
Installed electric capacity, MW
45
45
45
Electricity production, mln kWh
142.60
137.35
149.27
Electricity sales volume, mln kWh
142.31
137.01
149.09
ESG indicators
Indicator
2023
2024
2025
Average salary, KZT
724,813
882,310
1,023.395
Ereymentau Wind Power LLP
General Director
Badylbaev E.B.
Address
Republic of Kazakhstan, Astana, Kabanbay Batyr Ave., 15 A
Ereymentau Wind Power LLP is implementing the project "Construction of a wind power plant in the area of Ereymentau with a capacity of 50 MW", and in the future the production of electricity.
Financial performance
Indicator
2023
2024
2025
Net income/loss, KZT mln
(10,949)
(1,802)
(1,551)
EBITDA, KZT mln
(312)
(193)
(95)
ESG indicators
Indicator
2023
2024
2025
Average salary, KZT
780,182
1,126,610
1,109,851
Samruk-Green Energy LLP
General Director
Islamov D.U.
Address
Republic of Kazakhstan, Almaty, Gogol Street, 2, office 144
Samruk-Green Energy LLP provides services for the production of electricity using renewable energy sources, provides the possibility of decentralisation of electricity supply to remote areas.
Completed projects for the construction of facilities
2 MW solar power plant in Konayev
416 kW solar power plant in Konayev
Solar power plant with a capacity of 1 MW in Almaty
Wind power plant with a capacity of 5 MW in the Enbekshikazakh district of the Almaty region
Enterprise Supply Chain
Electricity is sold from 01.07.2023through the Single Purchaser.
Financial performance
Indicator
2023
2024
2025
Net income/loss, KZT mln
622
147
191
EBITDA, KZT mln
296
192
98
EBITDA Margin, %
59
29
12
Amount of disbursed investments, thousand KZT
23,866
31,678
60,627
Production indicators
Indicator
2023
2024
2025
Installed electric capacity, MW
8.4
8.4
8.4
Electricity production, mln kWh
21.52
21.01
21.10
Electricity sales volume, mln kWh
23.47
23.84
24.57
ESG indicators
Indicator
2023
2024
2025
Average salary, KZT
576,464
700,790
847,223
Energy of Semirechyа LLP
General Director
Luo Jun
Address
Republic of Kazakhstan, Almaty region, Enbekshikazakh district, Baiseit village, Abay street, 92
Employees
29 people
Ownership Share
Qazaq Green Power PLC 25%Powerchina Chengdu Engineering Corporation Limited» 15%Powerchina Resources Limited 60%
Energy of Semirechyа LLP, established in 2009, implements projects in the field of wind energy and renewable energy sources. In 2022, the company completed the construction of a wind farm in the Shelek corridor with an installed capacity of 60 MW.
Financial performance
Indicator
2023
2024
2025
Net income/loss, KZT mln
(85)
(2,295)
638
EBITDA, KZT mln
3,824
(136)
5.064
Amount of disbursed investments (25%), thousand KZT
56,112
5,963
179,700
Production indicators
Indicator
2023
2024
2025
Installed electric capacity, MW
60
60
60
Electricity production, mln kWh
220.75
227.29
211.61
Electricity sales volume, mln kWh
216.33
222.76
207.53
ESG indicators
Indicator
2023
2024
2025
Average salary, KZT
1,012,040
1,499,970
1,516,815
Kazhydrotechenergo LLP
General Director
Bukhanov M.E.
Address
Republic of Kazakhstan, Almaty, Mkr, Miras d. 99, 2nd floor, office. 201
Employees
1person
Ownership Share
Qazaq Green Power PLC 100%
As part of the implementation of the project "Expansion of the renewable energy project in the Almaty region (Power China) to 810 MW", Kazhydrotechenergo LLP is working on the 1st stage - "Construction of a 70 MW hydroelectric power plant on the Shelek River in the Almaty region together with Powerchina", the project is expected to carry out design and survey work and is included. to the additional agreement to the signed intergovernmental agreement between the Republic of Kazakhstan and the People's Republic of China dated 12 November 2024.
Energy Solutions Center LLP
General Director
Kystaubayev A.T.
Director of the SSC Branch
Esenbekov R.R.
Address
Republic of Kazakhstan, Ekibastuz, Kunayev str., 105
SSC branch address
Republic of Kazakhstan, Astana, Kabanbay Batyr Street, 15 A
On 17 June 2024, Ekibastuz CHPP was transferred to "Samruk-Energy" JSC for trust management through "Energy Solutions Center" LLP. The plant with a capacity of 750 Gcal/h (1960) is undergoing a large-scale repair campaign, service support is provided by the General Service Center Energy Solutions Center.
Financial indicators of Energy Solutions Center LLP
Indicator
2024
2025
Net income/loss, KZT mln
298
(5,223)
EBITDA, KZT mln
399
(1,971)
EBITDA Margin, %
9
(20)
Amount of disbursed investments, thousand KZT
4,074,092
5,619,507
Financial indicators of Energy Solutions Center LLP – SSC Branch
Indicator
2023
2024
2025
Net income/loss, KZT mln
102
104
284
EBITDA, KZT mln
209
314
571
EBITDA Margin, %
13
16
22
Amount of disbursed investments, thousand KZT
9,536
659,391
1,147,841
Production indicators of the PPP
Indicator
2024
2025
Installed electric capacity, MW
12.0
12.0
Electricity production, mln kWh
35.6
64.1
Heat output, thousand Gcal
672
1,365
ESG indicators
Indicator
2023
2024
2025
Average salary (Branch), KZT
618,161
709,614
917,389
Average salary, KZT
507,598
596,207
Private company Altyn Dala Energy LTD
General Director
Zharkenov B.K.
Address
Republic of Kazakhstan, Kabanbay Batyr Avenue, building 15/1
Employees
2 people
Ownership Share
«Qazaq Green Power PLC» 25%Tumar Commerce LLP 75%
The company was established in 20 December 23 to implement renewable energy projects in the Republic of Kazakhstan.
Oskemen Energy LLP
General Director
Talkanov E.E.
Address
Republic of Kazakhstan, Astana, Kabanbay Batyr Ave., building 15A, block B, BC “Q”
Employees
23 people
Ownership Share
"Samruk-Energy" JSC 50%Samruk-Kazyna JSC 50%
On 24 June 2024, "Samruk-Energy" JSC together with "Samruk-Kazyna" JSC established a joint legal entity in equal shares of 50% each - "Oskemen Energy" LLP in order to implement the project for the construction of a thermal power plant in the city of Ust-Kamenogorsk by building a new coal-fired power unit.
Semey Energy LLP
General Director
Kanafin K.
Address
Republic of Kazakhstan, Semey, Sevastopolskaya str., 20
Employees
24 people
Ownership Share
"Samruk-Energy" JSC 50%Samruk-Kazyna JSC 50%
On 24 June 2024, "Samruk-Energy" JSC together with "Samruk-Kazyna" JSC established a joint legal entity in equal shares of 50% each - "Semey Energy" LLP in order to implement the project for the construction of a thermal power plant in the city of Semey through the construction of a new coal-fired power unit.
Kokshetau CHP LLP
General Director
Kiyakov M.K.
Address
Republic of Kazakhstan, Kokshetau, Saryarka microdistrict, house 3A, non-residential premises 254
Employees
34 people
Ownership Share
"Samruk-Energy" JSC 50%Samruk-Kazyna JSC 50%
On 24 June 2024, "Samruk-Energy" JSC together with "Samruk-Kazyna" JSC established a joint legal entity in equal shares of 50% each - "Kokshetau CHP" LLP in order to implement the project for the construction of a CHPP in the city of Kokshetau by building a new coal-fired power unit.
Kyzylorda Energy Ltd
General Director
MAHASEN AMER
Address
Republic of Kazakhstan, Astana, Yesil district, Mangilik El Avenue, building 55/22
Ownership Share
"Samruk-Energy" JSC 30% UCC 70%
As part of the implementation of the project "Construction of a power plant based on CCGT with a total capacity of about 1,100 MW in the Kyzylorda region" together with UCC, on 2 May 2025, the project company Kyzylorda Energy Ltd was established in the jurisdiction of the AIFC.
Sauran Solar Power LLP
General Director
CHEN JIAJIA
Address
Republic of Kazakhstan, Turkestan region, Sauran district, Orangai rural district, Bostandyk village, Qusshy ata street, 3.
Ownership Share
Qazaq Green Power PLC 30% Energy China (through Dutch Green Power Investment B.V.) 70%
As part of the implementation of the project "Construction of a 300 MW solar power plant with a 90 MW/360 MWh electricity storage system", Qazaq Green Power PLC, together with Dutch Green Power Investment B.V. (an affiliate of China Energy), established the project company Sauran Solar Power LLP on 21 July 2025.
Karaganda Wind Power LLP
Head
CHEN JIAJIA
Address
Republic of Kazakhstan, Karaganda region, Osakarovsky district, Saryozek rural district, Saryozek village, Tereshkova street, 1
Ownership Share
Qazaq Green Power PLC 30% Energy China (Gezhouba International FZE) 70%
On 5 December 2025, the project company Karaganda Wind Power LLP was registered for the further implementation of the project "Construction of a 500 MW wind farm in the Karaganda region together with China Energy Overseas Investment Co., Ltd", assumes a design capacity of 500 MW and a projected average annual electricity generation of 1.66 million MWhThe project also provides for the construction of an energy storage system (ESS) with a capacity of 150 MW/300 MWh.
