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Samruk-Energy

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Samruk-Energy is a state-owned Kazakhstani company engaged in the electric power sector. The company is vertically integrated, with businesses spanning coal mining, power generation, transmission, and distribution.[1]

History

The company was founded in 2007. It is a wholly owned subsidiary of Samruk-Kazyna, Kazakhstan's sovereign wealth fund.[2] The company was set up to modernize Kazakhstan's energy sector. It focuses on reducing Foreign exchange risk, improving operational efficiency, and identifying renewable energy opportunities.[1][3]

In March 2019, Samruk-Energy became the first business partner of the European Bank for Reconstruction and Development to sign the United Nations' Women's Empowerment Principles (WEPs) as part of the EBRD's Equal Opportunities Initiative.[4] Samruk-Energy subsidiary, Bogatyr Komir LLP, is the largest coal mining company in Kazakhstan.[5]

References

  1. ^ a b "Samruk-Energy Restructuring and Transformation Project" (PDF). Asian Development Bank. November 2022.
  2. ^ "Kazakhstan's Samruk-Energy to be split up before renewables business goes public - shareholder". Interfax. 2022-06-28.
  3. ^ "Ready for winter: Samruk Energy energy facilities received readiness certificates". Eenergy. 2019-10-22.
  4. ^ Bell, Dylan (2019-03-07). "Samruk-Energy signs UN Women's Empowerment Principles". ebrd.com.
  5. ^ Kerimkhanov, Abdul (2019-01-31). "Coal mining in Kazakhstan hits over 117 million tons". Azer News.
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