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JICA to cooperate in ensuring power system stability www.montsame.mn
On March 1, the Ministry of Energy and the Japan International Cooperation Agency (JICA) established a Memorandum of Cooperation on a project on improving the stability of the country’s power system and building capacity.
Over the course of three years, the two parties will be jointly organizing training to build the capacity of the sector’s engineers and technicians in the mid- and long-term, and carry out corresponding studies in the framework of the project. With this, the project aims to improve the stability of Mongolia’s power system by using renewable energy, and develop a ‘smart’ system for planning and regulating urgent works, creating more opportunities to increase renewable energy production.
The signing of the memorandum is considered to be significant in reaching the objective to have renewable energy sources to produce 30 percent of the country’s power demand by 2030, which is reflected in the ‘Vision-2050’ long-term development policy and the Government’s action plan for 2020-2024.
The ceremony was attended by Minister of Energy N.Tavinbekh, JICA Chief Representative in Mongolia Tamura Eriko, and other corresponding officials.
Previously, projects on modernization of the Fourth Thermal Power Plant, and improvement of its efficiency were previously carried out with soft loans and non-refundable aid through JICA.
Published Date:2022-03-02
