During the plenary session of the Government held on March 9, funding for the Eg river hydro power plant (EGHHP) was discussed and cabinet members approved the proposal and start of the negotiations with China on financing the hydroelectric power plant with soft loan granted by Chinese Government.
The Government decision to build EGHPP, which is to develop the sustainable regime of CES and to reduce energy dependency on imports, was approved in 2013. Through reliable energy of EGHHP, a comfortable living environment for people will established and it is a strategically important project for national independency and security.
The total cost of the project is worth USD 827 million.
EGHHP will be constructed at Khutag Undur soum of Bulgan aimag, which is 450 km away from Ulaanbaatar city. EGHPP is to generate and supply 606 million kWh of electricity annually and estimated to generate capacity of 5.7 billion cubic meters of fresh water pool.
During the plenary session of the Government held on March 9, funding for the Eg river hydro power plant (EGHHP) was discussed and cabinet members approved the proposal and start of the negotiations with China on financing the hydroelectric power plant with soft loan granted by Chinese Government.
The Government decision to build EGHPP, which is to develop the sustainable regime of CES and to reduce energy dependency on imports, was approved in 2013. Through reliable energy of EGHHP, a comfortable living environment for people will established and it is a strategically important project for national independency and security.
The total cost of the project is worth USD 827 million.
EGHHP will be constructed at Khutag Undur soum of Bulgan aimag, which is 450 km away from Ulaanbaatar city. EGHPP is to generate and supply 606 million kWh of electricity annually and estimated to generate capacity of 5.7 billion cubic meters of fresh water pool.