Today, Mongolia meets about 80% of its electricity needs through local production and imports the remaining 20%.
A non-repayable grant of 500 million Japanese yen, approximately 3.14 million US dollars, has been allocated by the Japanese government for the implementation of the project to improve the reliability of the power grid.
As part of this project, necessary equipment will be supplied to state companies such as the "National Transmission Network" and the "National Dispatch Center," which will enhance the reliability of the power grid infrastructure. Among the new equipment will be a mobile transformer testing unit and a fully digital real-time power system simulator, as well as other key components. The project is supported by the Japan International Cooperation Agency (JICA).
The Deputy Minister of Finance, Khulan Bat-Erdene, signed an exchange of notes agreement with the Japanese Ambassador to Mongolia, Igawahara Masaru, as well as a grant agreement with the JICA representative in Mongolia, Miyagi Kensuke.
Khulan noted that the implementation of this project will contribute to the stability of energy supply in Mongolia, as well as strengthen the capabilities for sustainable maintenance and operation of the power grid infrastructure, which in turn will enhance the country's energy security.
According to Ambassador Igawahara, "the implementation of this project will help address equipment-related issues identified during previous initiatives. It will also contribute to the stability of Mongolia's energy system, improve maintenance, and ultimately lay the groundwork for the introduction of renewable energy sources and transition to a new energy format."
Tatar S.Maidar
source: MiddleAsianNews
