Улаанбаатар
13 projects to be implemented in Mongolian energy sector
Economy
Ulaanbaatar /MONTSAME/. In the proposed State budget for 2023, Mongolia would further up its efforts to expand the energy sector. 13 projects will be implemented within this framework, and 6 new projects are being discussed.
In this draft, it`s posted that MNT 52 billion is for the expansion of the Thermal Power Plant in Dornod Province, MNT 18.6 billion for the Overhead Power Transmission Lines (OHTL) Project in Tuv aimag, MNT 14 billion for the expansion and modernization of the Substation in Bayankhongor aimag, MNT 8.5 billion for the OHTL Project in Gobi-Altai aimag, and MNT 8 billion for the expansion of the Thermal Power Plant in Khovd aimag.
In addition, loans and
grants worth MNT 384.7 billion will be spent for the implementation of the
projects “Construction of Erdeneburen Hydro Power Plant”, “Construction of
heating plants in 10 aimags”, “First Utility-Scale Energy Storage Project”,
“Increasing the efficiency of Ulaanbaatar city's
heat supply”, etc.
