Concession contract for electric transmission line project to be newly-established

Politics
Oyundelger.B
oyundelger@montsame.mn
2017-03-30 11:12:43

Ulaanbaatar /MONTSAME/ During the cabinet meeting held on Martch 29, J.Munkhbat, Head of the Cabinet Secretariat of Mongolia introduced the implementation progress and future actions regarding a project of electric power transmission line and sub-station between Baganuur-Ulaanbaatar.

In accordance with this, the Cabinet obliged to re-negotiate the concession contract with entities interested in the project implementation and to present the draft agreement of this project to the Cabinet meeting. Even though the Ministry of Energy announced a bid for the project in January 2016, no company that meets the criteria was available.

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