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Kapshagay HPP and reservoir

Almaty Electric Stations JSC

Production building of Almaty Electric Stations
General Director
Mashirov E.K.
Address
Republic of Kazakhstan, Almaty, 7 Dostyk Ave.
Employees
3,121 people
Ownership Share
"Samruk-Energy" JSC 100%
Official website
www.ales.kz

Almaty Electric Stations JSC is a generating enterprise that provides the production of heat and electricity and covers about 70% of the needs of Almaty and the Almaty region. The company is included in the Republican section of the State Register of Natural Monopolies for the Production and Supply of Heat and Electricity.

The structure of “AlES” JSC includes CHPP-1 named after B. Orazbayev, CHPP-2 named after A. Zhakutov and CHPP-3, Kapshagay HPP named after Sh. Chokin and Cascade HPP, Western Thermal Complex, production and repair enterprise "Energoremont" and the Fuel Reception and Unloading Center.

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 1,321 19,043 5,466
EBITDA, KZT mln 18,541 39,194 30,426
EBITDA Margin, % 19 31 22
Amount of disbursed investments, thousand KZT 14,277,526 105,440,749 277,386,075

Production indicators

Indicator 2023 2024 2025
Installed electric capacity, MW 1,235.7 1,235.7 1,235.7
Electricity production, mln kWh 5,054 5,196 5,121
Electricity sales volume, mln kWh 4,540 4,603 4,517
Volume of heat energy production, thousand Gcal 5,592 5,776 5,549
Heat sales volume, thousand Gcal 5,518 5,724 5,588

ESG indicators

Indicator 2023 2024 2025
Pollutant emissions, thousand tonnes 48.90 47.5 47.5
Discharges of pollutants, tons 1.67 1.56 1.58
Average salary, KZT 482,932 571,663 667,073

Ekibastuz GRES-1 named after Bulat Nurzhanov LLP

Ekibastuz GRES-1 named after Bulat Nurzhanov LLP
General Director
Naurzgaliev A.A.
Address
Republic of Kazakhstan, Pavlodar region, Ekibastuz, Industrial zone GRES-1, building 2
Employees
1,888 people
Ownership Share
"Samruk-Energy" JSC 100%
Official website
www.gres1.kz

Ekibastuz GRES 1 named after Bulat Nurzhanov LLP is a condensing thermal power plant with a design capacity of 4,040 MW (1 power unit of 540 MW and 7 power units of 500 MW each), the largest coal-fired thermal power plant in Kazakhstan and one of the key energy-producing facilities in the region, operating on the fuel of the Ekibastuz deposits.

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 30,678 45,462 40,457
EBITDA, KZT mln 71,803 92,442 98,147
EBITDA Margin, % 38 46 40
Amount of disbursed investments, thousand KZT 84,862,571 68,529,562 77,644,635

Production indicators

Indicator 2023 2024 2025
Installed electric capacity, MW 3,500 3,500 4,040
Electricity production, mln kWh 22,870 22,543.7 24,572.9
Electricity sales volume, mln kWh 22,796 21,619 23,502
Volume of heat energy production, thousand Gcal 344 441.7 462
Heat output, thousand Gcal 124 135.7 122

ESG indicators

Indicator 2023 2024 2025
Pollutant emissions, thousand tonnes 238.9 234.3 230.9
Average salary, KZT 495,490 618,416 713,725

Ekibastuz GRES-2 Station JSC

Ekibastuz GRES-2 Station JSC
Chairman of the Management Board
Kashaganov B.Z.
Address
Republic of Kazakhstan, 141216, Pavlodar region, Solnechny village, industrial zone GRES 2, building 1/1.
Employees
1,492 people
Ownership Share
"Samruk-Energy" JSC 50%Samruk-Kazyna JSC 50%
Official website
www.gres2.kz

Ekibastuz GRES-2 Station JSC is a thermal power plant with an installed capacity of 1,000 MW (two power units of 500 MW each) and the world's highest chimney - 420 meters, listed in the Guinness Book of Records. The main fuel is high-ash coals of the Ekibastuz coal basin.

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 (17,322) (10,727) (6,982)
EBITDA, KZT mln 20,102 34,500 28,111
EBITDA Margin, % 30 43 35
Amount of assimilated invest ments (50%), 
thousand KZT 2,710,689 6,611,680 9,827,584

Production indicators

Indicator 2023 2024 2025
Installed electric capacity, MW 1,000 1,000 1,000
Electricity production, mln kWh 5,659 6,045.2 5,246.2
Electricity sales volume, mln kWh 5,601 5,823 4,983
Volume of heat energy production, thousand Gcal 206 217.5 230
Heat output, thousand Gcal 70 76.2 76

ESG indicators

Indicator 2023 2024 2025
Pollutant emissions, thousand tonnes 63.527 60.115 53.023
Average salary, KZT 428,589 611,068 696,680