MPs debate draft law on energy

At Thursday’s session of Parliament, MPs debated a draft law on energy. The draft law covers issues including safety reserves, measures to stabilize energy prices, and a proposal to change the board that sets electric rates.


MPs noted that electric rates vary in the aimags because some western aimags import their electricity from Russia.

It was noted that the state energy sector had a deficit of MNT 2.6 billion at the end of June, because some aimags take an electric rate subsidy from the state budget. The deficit is expected to rise to MNT 4 billion by the end of December.

Mineral Resources and Energy Minister D.Zorigt noted that the Government has issued a policy about electric rates. He encouraged local settlements to delay heating as along as possible to conserve money and energy. He also said the construction of central heating systems in settlements should be expedited.

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