Electricity price will liberalized by 2014
According to the N.Maygmarsuren, head of Commission on Energy regulation committee electricity price will liberalized by 2014.
“An energy sector a long time ago working in loss. We increasing electricity price very carefully because everything depends on basic electricity price. Last year we price increased up. The government providing subsidy around MNT15 billion every year. But the government warned us will subside till 2014. Therefore we trying to liberalize electricity price till 2014 step by step” said N.Myagmarsuren.
The government of Mongolia announced last year bidding for investors of new 5th power station.
“An energy sector a long time ago working in loss. We increasing electricity price very carefully because everything depends on basic electricity price. Last year we price increased up. The government providing subsidy around MNT15 billion every year. But the government warned us will subside till 2014. Therefore we trying to liberalize electricity price till 2014 step by step” said N.Myagmarsuren.
The government of Mongolia announced last year bidding for investors of new 5th power station.
“Many companies have sent a document for bidding. As I knew four of them chosen for next selection. By May should be announce the winner” said N.Maygmarsuren.
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