Within the frame, Tavan Tolgoi thermal power plant with a capacity of 300 MW will be built and connected to the substation of Oyu Tolgoi project in two 220 kW power lines. Officials highlighted that the capacity can be increased in the future and the construction will start in March 2020 and finish by the end of June 2023. Tavan Tolgoi Power Plant LLC will be responsible for the necessary financing under its Investment Agreement.

On the other hand, Oyu Tolgoi LLC has agreed to draw electricity from domestic network as much as possible starting from next year.

Cabinet also approved the National Program on Supporting Intensive Animal Farming. Accordingly, the implementing activities will be added to the Government’s annual action plan and the required funding will be financed from State and local budget, as well as foreign loans and aids. The total cost of the program, which will be implemented in 2019-2023, is estimated at MNT 166.3 billion.

These will be spent on supporting intensive animal farmers, capacity building professional associations, transferring to cluster system, importing high-yield livestock and animals, ensuring food safety and introducing new technologies.

Later on, the Cabinet ratified the bill on health insurance. In 2019, the health insurance premium amount will be four percent of an individual’s monthly salary or an income equal to it. The amount will be divided in half between the employee and the employer.

New health premium to take effect in January
As for self-employed persons, herders, students and minors, the monthly premium will be MNT 3200, and MNT 6400 for foreigners, refugees and citizens whose only source of income is pension, members of a family in need of social welfare assistance, parents raising their children under the age of two (three for twins and triplets), military personnel and prisoners.