Smart Energy System for Mongolia (ADB-53054-001)

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
Proposed
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.
Borrower
Government of Mongolia
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)
$ 1.00 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 Jul 5, 2019

Disclosed by Bank Apr 12, 2019


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the Bank's website, National Dispatching Center (NDC), the national power system operator and the owner of the existing electricity management system, finds it challenging to maintain the stability of the power grid with increasing output from fluctuating and intermittent renewable energy sources, such as solar photovoltaic and wind turbines, in the grid. These constraints make it difficult for Mongolia to achieve the national renewable energy share target.

This project provides technical assistance to develop a smart energy system for Mongolia.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Executing Agency: Ministry of Energy
Government Building 14, Khan-Uul District
Chinggis Avenue, 3-r khoroo
Ulaanbaatar, 17060 Mongolia

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