The WB Task Team Leader in Mongolia expressed his hope that the bilateral energy cooperation will smoothly continue between the country’s new government recently formed after the general election and WB.

Showing his appreciation with the Bank’s investments and cooperation in the energy sector, Minister N.Tavinbekh expressed his views on the projects and programs the two sides will be working together on in the future.

The sides talked about speeding up the Second Energy Sector Project and the construction of 10 MWt solar power plant in Khovd aimag. Under the Second Energy Sector Project, a total of USD 54.4 million will be provided for Erdenet-Bulgan Energy Distribution Network SOE (USD 16.1 million), Baganuur Southeastern Region Electricity Distribution Network SOE (USD 25 million), and the National Electricity Transmission Network (USD 630 thousand) and some improvements will be made to reduce the losses of the distribution networks.

At the energy ministry's request, WB is carrying out a feasibility study into building hydro power plants and a completed study on a spot along the Kherlen River on which a hydro power plant could be built has been submitted. The WB side has also been informed of another spot found around the Baidrag River in Bayankhongor aimag that could be suitable for the project.