And Energy JSC to inaugurate its new factory by april

ZGM DAILY

2019-03-13 11:30 GMT+8

According to And Energy JSC’s Executive Director Mr.Gurragchaa, the company is planning to commence the construction of its new factory within March. 

At present, the construction work is over and the company is installing equipment, preparing to hand over to the State Commissioner. And Energy has been producing 150 led lights a day, however, the company has the capacity to produce 300-600 units of light.

And Energy JSC launched its IPO at the Mongolian Stock Exchange in 2017 and raised MNT 1.6 billion from investors. Furthermore, the company has signed a contract with Oyu Tolgoi LLC on supplying led lights.

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