ADB Signs Projects to Develop Renewable Energy and Improve Tax Administration in Mongolia

Video
montastudio@montsame.gov.mn
2018-11-05 17:02:19

On November 2, the Asian Development Bank (ADB) and Government of Mongolia signed loan and grant agreements totaling USD85.6 million for projects focused on developing the country’s first distributed renewable energy system and improving tax administration and public investment management using information and communications technology (ICT).

 

The agreements were signed by Minister of Finance Mr. Khurelbaatar Chimed and ADB Country Director for Mongolia Ms. Yolanda Fernandez Lommen at a ceremony in Ulaanbaatar. Representatives from the Ministry of Energy and Mongolian Tax Authority witnessed the event.

 

Ms. Fernandez Lommen ADB Country Director for Mongolia

“These projects will support the government’s efforts to raise the share of renewable energy, decrease carbon dioxide emissions, and improve public financial resource mobilization and management,” “They are also closely aligned with ADB’s Country Partnership Strategy for Mongolia to foster inclusive growth, improve people’s access to services, and strengthen environmental sustainability.”

 

The renewable energy loan will develop a 41megawatt distributed renewable energy system—a first-of-its-kind in Mongolia—using solar photovoltaic and wind powers with advanced battery storage technology and energy management systems. The project will result in the supply of clean and reliable electricity to about 260,000 people in remote and less-developed towns in western Mongolia, who currently rely on high-cost and high-polluting carbon-intensive electricity.


Related news
Comments
  • Aly Chiman 187.95.124.89 22 days

    Hello there, My name is Aly and I would like to know if you would have any interest to have your website here at montsame.gov.mn promoted as a resource on our blog alychidesign.com ? We are in the midst of updating our broken link resources to include current and up to date resources for our readers. Our resource links are manually approved allowing us to mark a link as a do-follow link as well . If you may be interested please in being included as a resource on our blog, please let me know. Thanks, Aly
  • Randal Moor 109.172.51.162 70 days

    Introductions! Welcome to SourcingIC.com!! We are Hong Kong supplier of the adhering to IC brand names for 15 years: TOSHIBA ALTERA ANALOG DEVICES TEXAS TOOLS ST FAIRCHILD ATMEL XILINX INTEGRATED CIRCUIT SAMSUNG MAXIM NEC NXP ON SEMI PHILIPS FREESCALE INFINEON INTERSIL STRAIGHT INNOVATION MOTOROLA I know you might need to locate ICs. The major mission for us is sourcing ICs. As you recognize greater than 99% ICs available in this planet could be located in China, yet it is time-costly to find or send out questions to countless providers or firms one by one to discover that got stocks as well as get excellent quotation! Step 1: Skype or email our teammate: sales@sourcingic.com Action 2: Inform us part number as well as the amount or various other demands Action 3: I will certainly resource from distributors as well as our colleague will certainly select the dependable distributor to estimate Step 4: Our seasoned IC technicans will certainly test the ICs to verify they are brilliant and also functioning well Step 5: Well loaded and also shipped Settlement Method: Paypal/ Western Uniuon/ TT See you! Best Regards, Sourcing IC To provide every rare ICs Business Background: Souring IC Ltd is a Hong Kong based company with China offices in different districts. We supply a variety of electronic parts, focused on IC consisting of Sound IC, Power Administration IC, Customer Electronic IC, and so on. Our objective is to supply any kind of parts which are hard to be sourced in the digital market, especially the one discountinued by factories. With the assistance of newest A.I system and the elite colleagues we owned, we have the ability to resource every ICs that is not generally made use of by the co-operation with thousands manufacturing facilities as well as companies in China. We are able to provide the most competitive price without MOQ.
  • Lucinda Spafford 23.89.16.23 106 days

    Looking for more Likes and Followers on Instagram? We have high quality fully automated Instagram Likes and Followers for you. Get tons of Likes on each post you make and new Followers each day to your account. All on autopilot! We also have the lowest prices online! Try us our now, you wont be sorry! http://www.likesviral.com/