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2023Annual Report
Main production characteristics
The total installed electric capacity of CAEPCO JSC is
1 318 MW
and according to this indicator, the Corporation is one of the leaders among private energy generating companies in Kazakhstan.
Total PTL length
48,4 thousand km,
heat networks
987,01 km,
2 949 Gcal-hr
The total installed heat capacity of the Corporation is
Production assets
PAVLODARENERGO JSC (servicing Pavlodar, Ekibastuz, Pavlodar region)
SEVKAZENERGO JSC (servicing Petropavlovsk, North Kazakhstan region)
Akmola Electric Distribution Company JSC (servicing Akmola region)
CAPEC Green Energy LLP
The enterprises of the PAVLODARENERGO and SEVKAZENERGO groups provide all links of energy supply: generation, transportation, distribution, sale of thermal and electric energy.
Akmola Electricity Distribution Company JSC provides transportation, distribution and marketing of electric energy in the Akmola region.
CAEPCO is developing both traditional coal and alternative energy.
Performance indicators for 2023
Energy production and sales
Generation
Electric power
6521,05 mln kWh
5386,90 mln kWh
5917,90 mln kWh
Heat power
6565,60 thousand Gcal
6253,70 thousand Gcal
5853,30 thousand Gcal
Product release
Electric power
6622,88 Млн кВт·ч
5168,71 mln kWh
6710,30 mln kWh
Heat power
9966,78 thousand Gcal
5546,07 thousand Gcal
5200,15 thousand Gcal
Net profit, million tenge
EBITDA, million tenge
EBITDA, margin in %
Letter of the Chairman of the Board of Directors
Dear colleagues and partners!
The assets of the Central Asian Electric Power Corporation occupy a significant position in the energy system of Kazakhstan.
Over the 15 years of its existence, CAEPCO JSC has demonstrated significant success in terms of the growth of installed capacity, optimization of emissions in electric and heat power production, as well as the introduction of "green" electric power generation.
These facts test to the Corporation's commitment to global sustainable development trends: the carbon footprint reduction agenda, a systematic approach to production, and social responsibility.
In 2023, an unprecedented amount of reconstruction and modernization of equipment was carried out, aimed at increasing generation volumes, reducing losses during transportation of heat and electric power, and introducing energy-saving technologies.
The Corporation focuses on improving the environmental component of traditional energy with the parallel development of green energy, which will strengthen its position in terms of low-carbon development indicators and contribute to improving the environmental perception of the country.
These projects can be implemented only if there is a professional, involved team, which in the CAEPCO group today consists of almost 10 thousand employees. The results of the activities of this large team in 2023 are presented in this document.
Thanks to the professional staff, CAEPCO JSC has the potential of a high-tech energy company with a convincing level of social and environmental responsibility.
In this regard, I would like to wish the company success in its planned projects! Health, well-being, great victories: to all employees of the CAEPCO JSC group, as well as partners and friends!
Over the 15 years of its existence, CAEPCO JSC has demonstrated significant success in terms of the growth of installed capacity, optimization of emissions in electric and heat power production, as well as the introduction of "green" electric power generation.
Chairman of the Board of Directors of CAEPCO JSC
Tan Levin
Letter of the Chairman of the Management Board
Dear colleagues and partners!
15 years ago, by combining the energy assets of PAVLODARENERGO JSC, SEVKAZENERGO JSC, and Astanaenergosbyt LLP, the country's largest private energy holding was established. Already in 2009 and 2011, international investors entered the company's equity represented by the European Bank for Reconstruction and Development and the Islamic Infrastructure Fund, reputable financial institutions acquired 24.99% and 12.89% shares of CAEPCO JSC, respectively. The entry of international development institutions into the equity of an energy company is a unique case in the history of independent Kazakhstan.
In 2014, the assets of Akmola Electric Distribution Company JSC were consolidated into the Corporation, which allowed to increase the length of the Corporation's electric networks to 50 thousand km. In the period from 2015 to 2020, the project of the Astana EXPO-2017 wind farm with a capacity of 100 MW was implemented and put into operation.
Today, CAEPCO JSC provides electric power to more than two million people. All these years, human capital has been and remains the main value of the Corporation. Our specialists, possessing high professional capabilities, are the stable basis of all the development and modernization processes taking place in the CAEPCO group. We have a systematic policy of supporting employee development. Since 2016, the PROFENERGY program has been implemented at the group's enterprises, in which more than 4,000 students have already participated. More than 1,300 employees took advantage of the project's opportunities to improve their education.
An unprecedented challenge in 2023 was the repair campaign at the Ekibastuz CHP. In record time – almost in one season – the station was completely modernized: 8 boiler units were overhauled, 2 more underwent routine repairs. In addition, a number of important nodes, auxiliary equipment, buildings and structures of the station have been repaired. The Ekibastuz CHP was fully operational and passed the 2023-2024 heating season in normal mode. This success took place thanks to the people who took part in this process. Looking at the current situation, as the country's largest energy holding, we cannot but be concerned about the problem of energy shortages and the urgent need to increase capacity. In addition to solving current problems, we are thinking about systematic measures for the development of production, taking into account real technical, environmental, economic and legislative conditions.
I would like to sincerely thank all my colleagues and partners for their joint work, loyalty and professionalism. Your dedication and focus on results create a solid foundation for the development of both our company and the industry as a whole.
Thank you for your trust and participation in the overall success!
In addition to solving current problems, we are thinking about systematic measures for the development of production, taking into account real technical, environmental, economic and legislative conditions.
Chairman of the Management Board of CAEPCO JSC
Bagdat Oral
About the corporation
Central-Asian Electric Power Corporation (CAEPCO) Joint Stock Company was established on August 8, 2008. The issue of shares of CAEPCO JSC was registered on October 10, 2008 by the Agency of the Republic of Kazakhstan for Regulation and Supervision of the Financial Market and Institutions.
Mission
The Company sees its mission in improving the quality of life of its consumers and creating conditions for the economic development of the regions of its presence. These goals are achieved by providing high-quality services for energy supply and life support of the population, industrial enterprises, budgetary and commercial organizations in the Pavlodar, North Kazakhstan, Akmola regions, the cities of Ekibastuz, Pavlodar, Petropavlovsk, Astana.
The quality of the services provided implies reliable and uninterrupted power supply in compliance with all technical requirements and a high level of customer service.
The Company's sustainability is driven by the team work of its highly professional and goal-oriented employees.
Vision
Central-Asian Electric Power Corporation JSC is a leader among private energy companies in Kazakhstan.
The Company operates in the most challenging climate conditions in the north of the country.
The Company successfully uses the advantages of the holding structure by combining dynamism and flexibility of its business units (companies within the Group) with stability and reliability of centralized management on the Group level.
Employees of the Company are a team of professionals who are striving for higher goals. The Company's relations with its customers and suppliers are based on the principles of respect and mutual responsibility.
Business model
The Holding's business model is based on the principle of vertical integration in order to ensure high business stability and risk diversification.
Equity
Financial capital
46,043 billion tenge
Share capital505 billion tenge
AssetsProduction capital
4 CHP
987,01 km
Heat networks4 sales companies
48,4 thousand km
Electric networksIntellectual capital
Natural capital
As part of its production activities, the Corporation uses various types of fuel (fuel oil and coal), water resources and electricity, as well as the resources of the air basin.
Social capital
The Corporation establishes trust relations with communities in the regions of presence and makes a significant contribution to the social and economic development of the regions being a major employer and an important link in the industrial sector.
Human capital
9 477 employees
821 employees
employee pool32,9%
university graduate14,9%
staff turnover34%
share of employees in trade unions4 053 employees
the program for supporting young specialists within PROFENERGY projectResults of the implementation of the investment program 2023
Generation of electric and heat power
Pavlodar CHP-2
Of PAVLODARENERGO JSC is the third largest power generating asset of CAEPCO JSC provides electricity to industrial enterprises of the city, local service facilities, as well as households.
Installed heat capacity
332 Gcal-hr
Installed electric power
110 MW
The composition of the power plant equipment:
- 5 boiler units;
- 3 turbine units.
Reconstruction of air heater cubes of boiler unit BKZ-160-100 st. No. 1, No. 3. The event was carried out in order to increase the efficiency of the boiler unit.
Pavlodar CHP-3
Of PAVLODARENERGO JSC is the largest energy-generating asset of the CAEPCO JSC.
Installed heat capacity
1 154 Gcal-hr
Installed electric power
555 MW
The composition of the power plant equipment:
- 6 boiler units;
- 6 turbine units.
Ekibastuz CHP
Of PAVLODARENERGO JSC is the fourth largest power generating asset of CAEPCO JSC.
Installed heat capacity
750 Gcal-hr
Installed electric power
12 MW
The composition of the power plant equipment:
- 10 boiler units;
- 1 turbine units.
Petropavlovsk CHP-2
Of SEVKAZENERGO JSC is the largest energy-generating asset of the CAEPCO JSC.
Installed heat capacity
713 Gcal-hr
Installed electric power
541 MW
The composition of the power plant equipment:
- 12 boiler units;
- 7 turbine units.
Reconstruction of electric grid facilities
In 2023, as part of investment programs, work was performed on construction, reconstruction and technical re-equipment of 0.4-10 kV electric networks for 44.1 km:
North Kazakhstan EDC JSC – 19,9 km of self-supporting insulated wire
Pavlodar EDC JSC - 24,2 km
Reconstruction of heat networks
In 2023, the construction and reconstruction of thermal pipelines with the use of preinsulated pipes of 1.27 km was completed:
Pavlodar – 0,25 km
Petropavlovsk – 1,02 km.
Financial and economic indicators
The consolidated financial statements of CAEPCO JSC Group of Companies (the “Group”) for 2023 have been prepared in accordance with International Financial Reporting Standards and comprise of the financial statements of subsidiaries from the date of their acquisition. The principles of accounting policy are the same for all enterprises of the Group. The key financial and economic indicators demonstrate the results of operating and financial activities, as well as implementation of the main directions of the Group strategic development.
Key financial and economic indicators for 2021-2023, million tenge
| Indicators | 2021 year | 2022 year | 2023 year |
|---|---|---|---|
| Income from core activities | 139,734 | 148,382 | 191,553 |
| Cost | -106,209 | -120,782 | -159,228 |
| Gross profit | 33,525 | 27,600 | 32,325 |
| Expenses for the period | -11,130 | -12,448 | -15,014 |
| Profit from operations | 22,396 | 15,153 | 17,310 |
| Total EBITDA for the year* | 44,336 | 45,432 | 47,726 |
| Total EBITDA for the year, margin in % | 31.73% | 30.62% | 24.92% |
| Finance cost, net | -23,599 | -34,090 | -29,680 |
| Loss from impairment | -84,250 | -1,959 | 1,630 |
| Foreign exchange gains (losses), net | -1,799 | -11,349 | 23,921 |
| Other income (expenses), net | 5,069 | -2,288 | -4,832 |
| Income tax expenses | 11,957 | 4,856 | -3,635 |
| Profit (loss) for the year | -70,227 | -29,677 | 4,714 |
| Loss from discontinued operations | 10,047 | 0 | 0 |
| PPE evaluation | 69,325 | -7,653 | 32,364 |
| Total comprehensive income (loss) for the year | 9,145 | -37,330 | 37,077 |
| Assets | 504,785 | 475,229 | 504,606 |
| Equity | 179,229 | 115,431 | 157,282 |
| Capital expenditures on property, plant and equipment, net of VAT | 14,025 | 16,803 | 23,990 |
Plans for the reconstruction and modernization of equipment for 2024
In 2024, within the framework of the investment program, a number of measures for modernization of equipment aimed at increasing generation, reducing losses during the transmission of electric power and heat and improving the environmental parameters of activities were planned to be continued.
Sound development forecasts for the next three years (2025-2028)
In 2025-2028, the following main activities are planned to be implemented at the CHP within the framework of investment programs:
Pavlodar CHP-3
- Replacement of clarifiers No. 2, No. 3;
- Reconstruction of swirlers and drop eliminators for emulsifiers of boiler unit BKZ-420-140 st. No. 1-6
- Reconstruction of the VZP cubes of boiler units BKZ-420-140 st. No. 1-6
- Reconstruction of the ceiling superheater of the boiler unit BKZ-420-140 st. No. 4, No. 6
- Building up the dams of the first start-up complex of the 3rd stage of the ash disposal area of TPP-3
Pavlodar CHP-2
- Replacement of turbo unit No. 1 of TPP-2
- Reconstruction of swirlers and drop eliminators for emulsifiers of boiler units BKZ-160-100 No. 1-5
- Reconstruction of air heater cubes of boiler units BKZ-160-100 st. No. 1-5
- Replacement of the drum of boiler units BKZ-160-100FM No. 2,3
- Reclamation of the 2nd stage of the ash dump of TPP-2
Construction of the 2nd start-up complex of the 3rd stage of the ash disposal site of TPP-2
Reconstruction of the dredger pumping station of TPP-2
Petropavlovsk CHP-2
- Reconstruction of boiler unit No. 2;
- Reconstruction of turbine unit No. 1;
- Reconstruction of the thermal power distribution scheme;
- Replacement of the main (3 pcs.) boilers of boiler unit No. 6;
- Reconstruction of the common flue gas duct (in order to switch boiler units to a new chimney and chimney No. 3);
- Construction of the enclosing dams of section 3 of the ash dump No. 2 (stage 3);
- Construction of ash disposal site No. 4;
- Reconstruction of fuel supply system of PTETS-2;
- Reconstruction of 220 kV switchgear;
- Major repairs of buildings and structures of PCHP-2.
In 2025-2028, the following main activities are planned to be implemented at the heat networks within the framework of investment programs:
Pavlodar Heat Networks LLP
- Reconstruction of the TM-20 heating main with an increase in capacity (up to Du1000) on the NO-52 - NP-6 section in Pavlodar, 0.830 km;
- Reconstruction of turbine unit No. 1
- Construction of ONS-1A;
- Reconstruction of the Central Heating and Power Plant No. 69 in the city of Pavlodar;
- Reconstruction of the heating network from NO-21 to CTP-58 in the city of Pavlodar;
- Reconstruction of district heating networks within the framework of a trust management agreement.
Petropavlovsk Heat Networks LLP plans to reconstruct the main pipelines with a length of 3,387 km, including:
- Reconstruction of TM No. 6 2Du400-2Du500mm along Ruzheynikova Street from UN-6-10 to TK-6-14, 1.254 km long;
- Reconstruction of heating main No. 7-18 2Du500mm along Almatinskaya street from TK-8-01 to TK-7-09A with a length of 0.514 km;
- Reconstruction of heating main No. 9 2Du400mm from UN-9-01 to TK-9-08 with a length of 1,350 km;
- Reconstruction of heating main No. 1 2Du600mm from TP1-19s to TK-1-20 with a length of 0.269 km.
In 2025-2028, the following main activities are planned to be implemented at the electric power networks within the framework of investment programs:
PEDC JSC
- Development of design and estimate documentation for the reconstruction of substations PS 110/35/6 kV "Yuzhny Vodozabor" in Pavlodar, PS 35/6 kV "Beregovaya" in Pavlodar, PS 110/35/10 kV "Krasnokutskaya" in Aktogay district;
- Construction and installation works on the reconstruction of 110 kV cells and relay protection and automation equipment of the 220/110/10 kV “Industrial” substation;
- Construction and installation works on the reconstruction of the substation PS 110/10 kV "Central-city", PS 110/35/6 kV "Yuzhny Vodozabor", PS 35/6 kV "Beregovaya", PS 110/35/10 kV "Krasnokutskaya";
- Development of design and estimate documentation for the reconstruction/construction of the 35/10kV OHL; 35 kV overhead line No. 58 "Zhelezinka-2 - Moiseyevka (14.1 km) Zhelezinsky district, 35 kV overhead line No. 51 "Kachiry-2 - Bobrovka" (42.67 km) Terenkolsky district;
- Construction and installation works for reconstruction/construction of 35-110 kV overhead power lines:
1. 110 kV overhead line S-137 “Maikain-64-Bayanaul” (39.36 km) Bayanaul district;
2. Branch lines of the 35 kV overhead line at the 35/0.4 kV substation “Kyryk-ui” from the 35 kV overhead line No. T-24 “Ivanovka - Novotroitskaya” (3.41 km) Aktogay district;
3. 35 kV overhead line No. 58 “Zhelezinka-2 – Moiseevka (14.1 km) Zhelezinsky district;
4. 35 kV power line No. 51 "Kachiry-2 - Bobrovka" (42.67 km) Terenkolsky district;
- Construction of 35 kV overhead power transmission line No. 63 Olgino-Timiryazevo in Pavlodarsky and Uspensky districts with a total length of 29.0 km;
- Installation of fire alarm systems in Uspensky, Maisky, Zhelezinsky, Terenkolsky, Pavlodarsky and Aksusky districts;
- Construction, reconstruction and technical re-equipment of 0.4–10 kV electrical networks with a length of 146 km with the development of design and estimate documentation;
- Reconstruction of buildings and structures in the amount of 126 units;
- Installation of 1684 automated technical metering meters;
- Purchase of technological equipment, special mechanisms and other fixed assets in the amount of 946 units.
North-Kazakhstan REDC JSC
- Reconstruction of ORU-35-110 kV at 110/35/10 kV substations in Petropavlovsk and the districts of the region;
- Reconstruction of 10 kV switchgear at 110/10 kV substation No. 5 in Petropavlovsk, 110/35/10 kV Presnovka substation in Zhambyl district, 110/35/10 kV Novomikhailovka substation in Mamlyut district;
- Reconstruction of the 35 kV Timiryazevo-B.Khmelnitsky power line - 10 km;
- Replacement of insulation on 35-110 kV power lines - 40,000 pcs;
- Reconstruction of power equipment of substation 220/110/35/10 kV - 4 substations;
- Reconstruction and technical re-equipment of 0.4 kV electric networks of 150.0 km;
- Reconstruction of equipment and buildings of 10/0.4 kV substations in Petropavlovsk - 15 units;
- Creation of an automated dispatch control structure with the "SKADA" system in the operational dispatch service in the city of Petropavlovsk;
- Implementation of energy saving and energy efficiency measures.
Acquisition of fixed assets (special vehicles, electrical measuring instruments).
AEDC JSC
- Technical modernization of substances of 35 kV and above;
- Construction and modernization of 35 kV and higher overhead power lines with a length of 275.6 km, including:
- 110 kV power line "Kurgaldzhino-Krasnoznamenka" - 81.6 km;
- 110 kV power line “TsGPP-Zapadnaya” - 3 km;
- 110 kV overhead line “Zhuravlevka-Zhaltyr” -39.6 km;
- 110 kV power line "Urman-Krasnoznamenka" - 55.5 km;
- 35 kV overhead line “Sabyndy-Manshuk Mametova” - 29.8 km;
- 35 kV power line “Karamyshevka-Kolokolovka” - 53.9 km;
- 35 kV power line "Mametova-Chelkarskaya" - 12.2 km;
- Technical modernization of 0.4-10 kV networks 203.731 km, installation of new KTPN in the amount of 111 units.
Corporate governance
JSC CAEPCO adheres to high standards of corporate governance. The Company's activities are based on a balanced consideration of the interests of all parties, in particular investors, shareholders, employees, and officials of the Company.
The Board of Directors of the Corporation determines strategic objectives, supports the necessary mechanisms for monitoring activities, including ongoing monitoring and evaluation of the enterprise's performance. The Board of Directors includes independent directors who are not affiliated with the Company.
General Meeting of Shareholders
The supreme governing body of the Corporation is the General Meeting of Shareholders. The main way for shareholders to exercise their rights recorded in the Corporation's Charter is to participate in the annual meeting of shareholders and in extraordinary meetings at the initiative of the Board of Directors or the executive body.
Organizational structure
Share capital structure
As of December 31, 2023, the share capital of CAEPCO JSC is 46,043,272 thousand tenge. The shareholders of JSC CAEPCO are Klebanov Alexander Yakovlevich (47.1%), Kan Sergey Vladimirovich (47.1%), KIF ENERGY Sa rl - 4.02%, JSC Central Asian Fuel and Energy Corporation - 1.78%.
Information on dividends
The Corporation's policy regarding the accrual, the procedure for declaring, the amount, form and timing of payment of dividends is defined in the Corporation's Charter and the Regulations on the Dividend Policy of CAEPCO AO.
In 2023, the annual General Meeting of shareholders made a decision on the absence of payment of dividends to the shareholders of CAEPCO JSC for the 2022 financial year.
Composition of the Board of Directors
Tan Levin
Chairman of the Board of Directors, Independent Director
BAGDAT
ORAL
Member of the Board of Directors
Alexander
Nigay
Member of the Board of Directors
FRANZ-JOSEPH
KAISER
Member of the Board of Directors, Independent Director
Lashkul
Igor
Member of the Board of Directors
Eldar
Tabanov
Member of the Board of Directors
MANFRED-JOSEPH
KEHR
Member of the Board of Directors, Independent Director
Executive Body
The collegial executive body is represented by the Management Board headed by the Chairman of the Management Board, which manages the current activities of the Corporation and implements the strategy determined by the Board of Directors and shareholders.
The Management Board is guided by the principles of action in the best interests of shareholders, integrity, diligence, prudence and vigilance.
Bagdat
Oral
Chairman of the Management Board of CAEPCO JSC
Oleg
Perfilov
Deputy Chairman of the Management Board of CAEPCO JSC on production
SERGEY
LI
Deputy Chairman of the Management Board of CAEPCO JSC for economics and finance
Internal control and audit
In order to improve business processes and the efficiency of decisions made, CAEPCO JSC has established internal control mechanisms, which is systematic for the Corporation, integrated into strategic and operational management at all levels and covers all departments in the exercise of their functions.
The Corporation has a functioning internal control system that provides sufficient confidence in the effectiveness of control in operating activities, compliance with laws and regulations.
Internal control and audit
Deloitte LLP is the audit firm that conducts an external audit of the financial statements of CAEPCO JSC group. The contract with the company for rendering of audit services is concluded until 2024.
Risk management and sustainable development
Corporate risk management system
CAEPCO JSC group of companies has a functioning corporate risk management system.
Since 2022, JSC CAEPCO has adopted a Strategy for the Development and Improvement of the Risk Management and Internal Control System. As part of the implementation of the adopted Development Strategy, based on the principles of the COSO concept "Enterprise Risk Management. Integration with Strategy and Performance", as well as the ISO 31000 standard -2018 "Risk Management. Principles and Guidelines", updated and approved by the decision of the Board of Directors of the Risk Management Policy in the Group of Companies.
Interaction with stakeholders
JSC CAEPCO implements a set of measures aimed at expanding and increasing the efficiency of interaction with all stakeholders, in accordance with the principles of corporate conduct: openness, reliability and completeness of information on the activities of the Corporation, completeness of consideration of the interests of all stakeholders, prompt response to the manifestation of these interests.
The Corporation's stakeholders are the following groups:
veness of interaction with all interested parties. The corporation works with stakeholders and promptly responds to their requests in accordance with such principles as openness, reliability, and completeness of information.
Anti-corruption management
CAEPCO JSC group of companies has an Anti-Corruption and Fraud Policy approved by the Board of Directors, which is the fundamental internal regulatory document of the Holding and its subsidiaries in this area. The Policy, among other things, determines modeling of a single ethical standard by the top management of the Group for rejection of corruption in all its forms and manifestations.
No facts of corruption and fraud were identified during 2023.
Environmental safety
In the regions of its presence, the Corporation strives to continuously reduce the negative environmental impact of fossil fuel energy production.
To do this, the Corporation takes a set of measures and carries out systematic modernization of its production assets, continuously improving the level of environmental safety and sustainable development of its subsidiaries.
During the period of validity of the state program “Tariff in exchange for investment" (2009-2015), the Corporation attracted significant investments for the modernization of the main generating equipment and funds of environmental significance. All of the Corporation's boilers have upgraded their ash treatment facilities and implemented primary methods for reducing nitrogen oxide emissions. Efficient international technologies are used in the construction of new sections of landfills and materials that prevent contamination of ecosystem components.
In the reporting year, the Corporation was engaged in eliminating the consequences of an emergency situation and modernizing the technological equipment of the Petropavlovsk CHPP-2 and Ekibastuz CHPP, and constructing new smoke stacks at the Pavlodar CHPP-3 and Petropavlovsk CHPP-2.
Staff development
Structure and headcount
The list number of the Corporation's staff remains stable, as of 31 December 2023, it amounted to 9,477 PERSONS
Dynamics in change in headcount, persons
Distribution of the headcount by enterprises of CAEPCO JSC at the end of 2023
| Company name | Headcount |
|---|---|
| CAEPCO JSC | 110 |
| PAVLODARENERGO group of companies | 4 695 |
| SEVKAZENERGO group of companies | 2 144 |
| AEDC group of companies | 2 528 |
| Total | 9 477 |
Employee pool
To ensure the necessary reserve for holding managerial positions at different levels, employee pool of senior, middle and lower management levels for 821 managers was formed in the subsidiaries of CAEPCO JSC.
Attracting young specialists and staff development
Since 2016, the PROFENERGY project has been implemented in the subsidiaries of CAEPCO JSC to support young specialists and improve the educational level of staff. The program is aimed at attracting graduates of educational institutions to key / crucial professions of enterprises and promotion of the energy profession, personnel development and improvement of the educational level of personnel, retention of key employees. The Corporation's enterprises cooperate with universities and colleges in the regions of their operations. During implementation of the program, 4,053 students took part in the events, including.
Occupational health and safety
Goals in occupational health and safety and carried out activities -
this is the prevention of incidents and accidents at work (0 cases), increasing the level of occupational safety. The Group understands its responsibility for ensuring accident-free production activities, safe working conditions and has zero tolerance for risks that can lead to industrial injuries with severe and fatal outcomes for employees of the Group, contractors and visitors.
Contact details
To leave a review, comment or ask a question, please use the contact information provided. We welcome your feedback.
Address: SAAD business center, 12th floor, 2 Dostyk Str., Astana
Email: info@energy.kz
Corporate website: caepco.kz
