Minister addresses 'ENERGY MONGOLIA - 2017' international conference www.en.montsame.mn
Ulaanbaatar /MONTSAME/ “I would like to assure investors and businesses on the stability of the current Government’s policy for the next 4 years”, remarked Minister of Energy P.Gankhuu as he delivered an opening speech at the annual ‘Energy Mongolia’ international conference & exhibition which is to take place on May 17-18 at the Corporate Hotel & Convention Center.
As 2017 marks the 95th anniversary of energy sector in Mongolia which is frequently called the ‘fireplace of homeland’, he extended his warmest wishes to the about 11 thousand staff working in the energy sector on the anniversary.
“I hope this conference serves as an effective platform for productive discussion practical cooperation among the energy sector representatives and foreign delegates”. Aiming to solve the challenges the energy sector is facing in Mongolia, facilitate constructive discussion on solutions, and attract investment, the international conference gathers about 300 international and local delegates representing over 50 organizations from Mongolia, the Russian Federation, the People’s Republic of China, the US, Germany, Switzerland and Thailand.
The energy sector of Mongolia, the driver of economic growth, is considered to have been established in 1922, with powering of athermal power facility with capacity of 24kW, fueled by mine bench coals delivered from Nalaikh mine. The commissioning of the plant is regarded as the start of the industry.
Afterwards, the first power plant came into operation in 1934, forming the ground for the future energy complex. In the following 70 years of the sector’s history, the capital city as well as main centers in the central region of the country were connected to the energy grid. As a result of implementation of the government’s policies for investment and development in the sector, well over 90 percent of the total population of Mongolia is now connected to integrated energy grid.
The Minister also touched upon the 2016-2020 action plan of government which states that a very targeted policy is to be implemented in the energy sector, and reflects several major projects to improve and renovate the sector.
Mongolia will start the implementation of a range of development projects namely Ulaanbaatar – Mandalgobi, Baganuur – Choir, Khushuut – Uyench power transmission lines, and capacity expansion works for Dornod Power Plant, Erdenet Power Plant and Thermal Power Plant No. 3 starting this year. In addition, development works are commencing this year for the completion of 50MW wind farms in Tsogttsetsii soum of Umnugobi aimag and in Sainshand soum of Dornogobi aimag.
Published Date:2017-05-17