Where the impacts of the investment may be experienced.
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2017-06-15
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Government of Mongolia
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD): $ 45.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 55.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
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Second Energy Sector Project
The development objective of the Second Energy Sector Project for Mongolia is to improve reliability and sustainability of electricity services in Mongolia. The project comprises of three components. The first component, rehabilitation of distribution networks will have three sub-components: (i) rehabilitation of the distribution grid in Baganuur-Southeastern region electricity distribution network (BSEDN) to reduce system losses and improve reliability of and access to electricity services in selected areas of BSEDN; (ii) rehabilitation of the distribution grid in Erdenet-Bulgan electricity distribution network (EBEDN) to reduce system losses and improve reliability of and access to electricity services in selected areas of EBEDN; and (iii) provision of support to national power transmission grid (NPTG) for the carrying out of investments in switchgears in the transmission network related to sub-components i and ii, and introduction and installation of planning and management software. The second component, solar power will support investments on construction of grid-connected solar photo voltaic (PV) power generation capacity outside of the central energy system (CES), including the detailed design, supply, construction, commissioning, and operation and maintenance of a 10 megawatt-peak (MWp) solar PV power plant in western energy system (WES). The third component, capacity building will provide technical and operational assistance to strengthen the institutional, organizational, and technical capacity of the Ministry of Energy (MOE) and the project implementing units (PIUs) under BSEDN, EBEDN, and WES, to support day-to-day project implementation and management, including provision of training and carrying out of studies.
Strategic Climate Fund Grant US$ 12.4 million
Government US$ 1 million
Ministry of Energy
Contact: Chimeddorj Demchigjav
Title: Director General
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