/KASE, July 28, 2021/ – Samruk-Energy (Nur-Sultan), whose bonds are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
communique:
quote
At B. Nurzhanov Ekibastuz GRES-1, where the project for the restoration of power
unit No. 1 with a capacity of 500 MWt is underway, dismantling works have been
completed by 100% and the installation of new technological equipment has
begun. Commissioning and launch of the reconstructed power unit is scheduled for
December 2023.
Samruk-Energy JSC, which owns the station, pays great attention to the project.
Its successful implementation, as well as the ongoing work at other energy
facilities of the company, should reduce the looming power shortage in the
industry and increase the country's energy security.
As you know, over the past four years (2017-2020), the average growth in
electricity consumption in the republic amounted to 4%, which is equivalent to
an increase in the demand for electric power of about 600 MWt annually. Experts
are witnessing a rapid decline in available power reserves. The projected
balance of electric power shows a deficit in production capacity in Kazakhstan
since 2023, while a deficit in regulation capacity is already being observed.
According to the information of the System Operator, during the autumn-winter
period of 2020-2021 the actual reserve of the Unified Electric Power System
(UEPS) of the Republic of Kazakhstan relative to the operating capacity was 600
MWt. Industry experts are concerned that if the current pace is maintained, in
the next heating period there will be no power reserves in the UEPS of the
Republic of Kazakhstan, which may mean restrictions in power supply.
unquote
The full communique is available on KASE website:
-
https://kase.kz/files/emitters/SNRG/snrg_reliz_280721_kz.pdf – in Kazakh;
-
https://kase.kz/files/emitters/SNRG/snrg_reliz_280721.pdf – in Russian.
[2021-07-28]