As of today, Mongolia generates about 80% of its electricity independently, while the remaining 20% is imported to meet domestic needs.
The implementation of the project aimed at modernizing the electricity grid infrastructure will be made possible by a non-repayable grant of 500 million yen from Japan (approximately 3.14 million USD), provided by the Japanese government.
The project includes the supply of necessary equipment, which will be provided to the state enterprises "National Transmission Network" and "National Dispatch Center." Key elements of the equipment will include a mobile installation for testing transformers and a fully digital real-time power system simulator, as well as other important devices. Support for the implementation will be provided by the Japan International Cooperation Agency (JICA).
To officially launch the project, Deputy Minister of Finance Ms. Khulan Bat-Erdene signed an exchange of notes with the Japanese Ambassador to Mongolia Mr. Igawahara Masaru, as well as a grant agreement with the chief representative of JICA in Mongolia Miyagi Kensuke.
The Deputy Minister noted that this project will significantly improve the stability of electricity supply in Mongolia, enhance the capacity for sustainable operation and maintenance of electrical networks, and strengthen the country's energy security.
Ambassador Igawahara commented: "This project will address equipment issues identified during previous initiatives. It will also contribute to strengthening the stability of Mongolia's power system and developing maintenance capacity, which will ultimately create conditions for the integration of renewable energy sources and support the energy transition."
Tatar S.Maidar
source: MiddleAsianNews
