Generating assets of CAEPCO JSC have been 54.9 % updated

In 2016, electric power generation over the group of companies of Central-Asian Electric Power Corporation JSC (CAEPCO JSC) was 7036 billion kWh. Growth of electric power generation increased share of the Corporation in the field from 7.2% to 7.7% in comparison with values of 2015. According to results of 2009–2016, generating assets of CAEPCO, JSC have been 54.9% updated, which is one of high indicators over Kazakhstan.

Over 12 months of 2016, total net electricity supply from buses of power plants of the Corporation increased by 8.4% in comparison with 2015. At that, total electric power generated over 2016 increased by 7.8%. Increase in generation in 2016 is associated with commissioning of two turbine units at the Pavlodar CHP-3 in June and November of 2015, and three turbine units at the Petropavlovsk CHP-2 in September and October of 2015 and December of 2016. Total heat energy produced by CAEPCO JSC increased by 3.2% in comparison with 2015 and was amounted to 6472.3 ths. Gcal. According to results of 2016, the installed electric power of the Corporation increased by 5.4% up to 1203MW, heat power — by 1.2% to 2953Gcal/h in comparison with 2015.

"Growth of electric and heat power output in 2016 became possible due to the implementation of projects under the investment program of reconstruction and modernization of plant assets commenced in 2009. Modernization facilitates the growth of energy efficiency of the Corporation's generating assets, which shows an outrunning growth of total net electricity supply from buses in comparison with total generation", — has told Yerkyn Amirkhanov, President of CAEPCO JSC. Summing up the preliminary results of 2016, President of the Corporation has noted that actual implementation of the investment program measures was amounted to 25.8 billion tenge. The Corporation increased its operating income by 13.1%; operating profit increased by 36%.

CAEPCO JSC continues the work on improvement of heat supply in Pavlodar, Ekibastuz, and Petropavlovsk. In 2016, the European Bank for Reconstruction and Development, Ministry of National Economy of the Republic of Kazakhstan, and CAEPCO JSC signed a trilateral agreement on implementation of projects on heat supply systems modernization. The projects are to be implemented under the state program of infrastructure development "Nurly Zhol". Total amount of investments from 2016 to 2020 will be 25.95 billion tenge; 4.02 billion tenge was already spent for reconstruction of pipelines and replacement of heat insulation in 2016.

Pursuant to the Strategy for 2016–2020, the Corporation will continue implement the investment program of equipment modernization aimed at the increase in generation, reduction in losses during transmission of electric and heat power, and improvement of environmental attributes of assets of the Corporation. Share of the CAEPCO JSC's updated capacity will be 65% in three years.