Ulaanbaatar
Nine State-Owned Energy Companies in Western Region Consolidated into Four
Politics
Ulaanbaatar, July 3, 2025 /MONTSAME/. At its regular session on July 2, 2025, the Cabinet of Mongolia decided to consolidate nine state-owned energy companies in the western region into four entities.
As
a result, nine independent companies and their eight branches have been merged
into four consolidated companies. Specifically:
Uvs
Electricity Distribution Network LLC, Khovd Electricity
Distribution Network LLC, Durgun Hydropower
Plant LLC, and the Myangat Solar Power
Plant have been merged to form the Western Region Electricity Distribution Network State-Owned
JSC.
The
distribution branches of Altai-Uliastai Energy
System have been consolidated into a new entity named Altai-Uliastai Electricity Distribution Network State-Owned
JSC.
Taishir-Guulin
Hydropower Plant LLC,
Bogdyn Gol Hydropower Plant LLC, Tosontsengel Hydropower Plant LLC, Serven Solar Power Plant, Murun Solar Power Plant, Borkh Solar Power Plant, and Khungui-Galuutai Hydropower Plant have been
merged to form a company called Taishir Green Energy State-Owned
JSC.
Additionally,
as part of the Government’s initiative to optimize the structure and governance
of state-owned enterprises, the Government Resolution on Some Measures on State-Owned
Companies has been approved to enhance efficiency, reduce operational costs,
and eliminate overlaps and gaps in responsibilities within the energy sector’s state-owned
enterprises.
Under this Resolution,
the Western
Region Energy System State-Owned JSC and Altai-Uliastai Energy System State-Owned JSC
have been integrated into the National Electricity Transmission
Network State-Owned JSC.
