“Samruk-Energy” JSC holding company, which manages energy assets in the Republic of Kazakhstan, was established on May 10, 2007 to implement a long-term state policy on retrofit of existing and commissioning of new generating facilities (for more details, please visit the Company’s website www.samruk-energy.kz).
The core businesses of “Samruk-Energy” JSC group of companies are production of electricity, heat and hot water using coal, hydrocarbons and water resources and sale of electricity to the public and industrial enterprises, transportation and distribution of electricity in grid, construction and operation of hydropower plants and thermal power plants, renewable energy facilities, coal mining, as well as rental of property complexes of hydropower plants.
“Samruk-Energy” JSC group of companies include the largest generating companies, including plants of national importance, such as “ Ekibastuz SDPP-1” and “SDPP-2”, hydropower plants in the southern regions of the country – “Shardarinsk” and “Moynak HPP”, the largest coal mining enterprise in Kazakhstan “Bogatyr Komir” LLP, renewable energy generating facilities – wind and solar power plants, as well as regional distribution network and a sales company.
To fully implement its mission and meet requirements of the shareholder and other concerned parties, the Company has developed and maintained a system for management of subsidiaries and affiliates.
The management system of “Samruk-Energy” JSC and its subsidiaries and affiliates is based on the following management principles:
1) a clear delineation of competencies and powers of the bodies of subsidiaries and affiliates (of a shareholder (of a participant)), the Board of Directors/ Supervisory Board, executive body), employees and officials
2) a clear delineation of responsibility of the bodies of subsidiaries and affiliates (of a shareholder (of a participant)), the Board of Directors/Supervisory Board, executive body), employees and officials
The main activities of subsidiaries and affiliates of “Samruk-Energy” JSC are shown in the organizational structure of the companies. The interaction of the main divisions and management principles are regulated in the internal regulatory documents of companies