Ongoing energy projects discussed with WB
Society
Ulaanbaatar /MONTSAME/
The WB Task Team Leader in Mongolia expressed his hope that
the bilateral energy cooperation will smoothly continue between the country’s new
government recently formed after the general election and WB.
Showing his appreciation with the Bank’s investments and
cooperation in the energy sector, Minister N.Tavinbekh expressed his views on
the projects and programs the two sides will be working together on in the
future.
The sides talked about speeding up the Second Energy Sector
Project and the construction of 10 MWt solar power plant in Khovd aimag. Under
the Second Energy Sector Project, a total of USD 54.4 million will be provided
for Erdenet-Bulgan Energy Distribution Network SOE (USD 16.1 million), Baganuur
Southeastern Region Electricity Distribution Network SOE (USD 25 million), and the
National Electricity Transmission Network (USD 630 thousand) and some
improvements will be made to reduce the losses of the distribution networks.
At the energy ministry's request, WB is carrying out a feasibility study into building hydro power plants and has completed study on a spot along the Kherlen River on which a hydro power plant could be built has been submitted. The WB side has also been informed of another spot found around the Baidrag River in Bayankhongor aimag that could be suitable for the project.