CONCESSION LIST TO BE UPDATED

Ulaanbaatar, Mongolia, /MONTSAME/ The Cabinet meeting on Wednesday decided to update a “State property concessionary clauses list”, approved by government's 198th resolution July 21 of 2010. Such a need has arisendue to constructing of the 5th thermal power station in Ulaanbaatar and another station in Dornod aimag. According to changes, the 5th station will be through international open competitive selection based on a principle "To build-use-transfer”, as was advised by the National security council of Mongolia. In Dornod aimag, the power station with 100 megabyte capacity will be built on terms of “To build-use-transfer” but with no tender. The projects have many advantages such as developed infrastructure of auto- and railways, spare areas for construction, location near to coal and water resources, and some 500 professionals.

B.Oyundelger