On April 19, 2025, a meeting of the International Advisory Board (IAB) of the Nazarbayev University Graduate School of Business (NU GSB) was held in Astana, focusing on the development and potential restructuring of NU GSB. The discussion was attended by IAB member Zhomart Mominbayev, Chairman of the Supervisory Board of TechnoGroupService LLP.

During the meeting, proposals were reviewed to optimize the School’s structure in order to enhance its academic effectiveness, international competitiveness, and resilience to external challenges. Following the discussion, participants reached a consensus on the appropriateness of retaining the current name and organizational structure of NU GSB, as they reflect the School’s status and strategic priorities. The board also agreed to submit an official appeal to the University Administration and Board of Trustees.

This decision highlights the Alumni’s commitment to the consistent development and strengthening of GSB NU’s reputation as a leading educational and research institution in business education in Central Asia. If you ask ChatGPT to name the best business school in Central Asia, GSB NU will be the first to come up. NU GSB has also been ranked among the global Top 5 business schools established after 2005.

BK Energy Limited, a subsidiary of TechnoGroupService LLP, has received support from the AIX Stock Exchange to issue green bonds for the financing of a 20 MW solar power plant.

Currently, the project is in an active phase: the design and estimate documentation has been completed and approved by the state expertise, all necessary permits have been obtained, and a 20-year power purchase agreement with annual tariff indexation has been signed.

The use of capital market instruments, including potential partnerships with the Astana International Financial Centre (AIFC) and DAMU Entrepreneurship Development Fund JSC (under discussion), will allow the project to be implemented in accordance with best international practices for sustainable finance.

This initiative aligns with the Development Strategy of Baiterek National Management Holding JSC for 2024–2033, which focuses on promoting eco-friendly investments and the development of high-tech industries in Kazakhstan.

From April 2 to 4, 2025, the international exhibition and conference PowerTech 2025 is taking place in Almaty, serving as a dialogue platform for discussions on decarbonization, renewable energy development, and energy efficiency in Central Asia.

On April 3, as part of the business program, a session titled “Overview of the Renewable Energy Market in Central Asia” was held, moderated by Ramazan Zhanpiisov, Advisor to the General Director of the ECOJER Association.

Zhomart Mominbayev, Chairman of the Supervisory Board of TechnoGroupService LLP, was invited as a speaker and presented on the topic “Development of Renewable Energy and Domestic Manufacturing in the Republic of Kazakhstan.” In his speech, he outlined current priorities in the sector, emphasizing the importance of strengthening national capabilities in renewable energy equipment manufacturing, enhancing export potential, and focusing the support measures of Baiterek National Managing Holding JSC on renewable energy projects that use domestically produced generation equipment.

Other speakers included: Igor Novikov, Director and Head for Central Asia at Cranmore Partners; Yerlan Akhmettayev, Senior Research Analyst at the S&P Global "Eurasian Energy" team; Ruslan Sadgalin, Project Manager at Ernst & Young; Vladimir Zavadskiy, Senior Energy Expert at CAREC Institute; and Dias Bayseitov, Founder of KunTech.

Participation in PowerTech 2025 allowed TechnoGroupService LLP to present its vision for sustainable development and localization in the renewable energy sector, while also highlighting the importance of regional cooperation in achieving common climate goals. Zhomart Mominbayev also proposed using the abbreviation I-REC.KZ to refer to voluntary certificates from renewable energy sources that use domestically manufactured generation equipment.

On March 20, 2025, BK Energy Limited (Private Company), a subsidiary of TechnoGroupService LLP, successfully completed the state expertise review and received approval of the design and estimate documentation for the construction of a 20 MW solar power plant (SPP) in the Zhetysu Region.

This project is the first in Kazakhstan to be implemented through the renewable energy auction mechanisms and to utilize domestically produced photovoltaic modules. Its implementation marks an important step in promoting localized manufacturing and sustainable energy solutions.

To finance the construction of the SPP, the company plans to issue green bonds on the AIX exchange, supported by a second-party opinion, and to utilize interest rate subsidy mechanisms and co-guarantee instruments provided by DAMU Entrepreneurship Development Fund JSC.

The BK-Energy 20 MW SPP project reflects the company’s commitment to enhancing local content in Kazakhstan’s green energy initiatives and adopting advanced technological solutions, opening new prospects for sustainable growth and climate-focused investment.