Category
- Agriculture
- Automobiles and Machinery
- Bank, non banking financing, investment
- Blasting
- Construction
- Consumables
- Education
- Energy
- Engineer , Architecture and Geodesy
- Finance, Audit,Accounting and Brokerage
- Food
- Foreign Trade
- Geology Exploration
- Health
- Information Technology
- Insurance
- Labor Safety
- Legal and Business consulting
- Lighting
- Mining equipment
- Mining Services
- Other product and service
- Road
- Sewing and textile products
- Transportations
- Travel
Events
Mongolia considers tax exemption for electricity imports www.news.mn
The Parliamentary Budgetary Standing Committee has backed a project of providing tax exemptions for electricity imports from Russia and China. The Western Energy System Company currently purchases 1kWh electricity from Russia for RUB 2.77, from China for CNY 0.65, and from the Durgun Hydro-Electric Station for MNT 33. The company supplies electricity to households at a cost of 1kWh for MNT 102.3 and makes a loss of MNT 96.7 per 1kWh. The electricity import tax exemption is expected to begin from January, 2018 and last until January, 2021.
Mongolia produces only about 4 billion kilowatt hours of power annually, but relies on imports from its northern neighbour Russia for around four percent of its current consumption and is in talks to import power from China.
Published Date:2017-12-21
