Energy Efficiency and Urban Environment Improvement (ADB-46343-002)

Countries
  • Mongolia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 12, 2014
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Mongolia, Ministry of Energy
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 20, 2017

Disclosed by Bank Mar 10, 2017


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Project Description
According to ADB website, the proposed Energy Efficiency and Urban Environment Improvement Project will upgrade the electrical transmission and distribution networks in and around Ulaanbaatar, thereby improve energy efficiency, reduce transmission and distribution losses and emission of greenhouse gases and other air pollutants from existing power plants in Ulaanbaatar. It will also facilitate financial closure of an on-going combined heat and power plant number 5 (CHP 5) through a public-private partnership (PPP) model, which has been supported by ADB. The components of the project include: 1. Upgrading the electrical transmission and distribution networks 2. Computerizing the system at load dispatch center, transmission and distribution level 3. Capacity building
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Yamamura, Shigeru East Asia Department No contact information provided at the time of disclosure. ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main