Fourth Energy Sector Project (WB-P509161)

Countries
  • Mongolia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 10, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Mongolia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 78.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 78.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 79.03 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 21, 2026

Disclosed by Bank Jan 1, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the WB, the development objective is to increase the capacity and reliability of the transmission grid in the Project Areas for renewable energy integration.

* Component 1: Transmission Line construction and Associated Substation Expansion (US$75.84 million IBRD). This component will finance the construction of a new 220kV double circuit transmission line from the Mandalgovi substation to the Arvaikheer substation. A new substation and 2.2 km 110kV transmission line will be constructed at Arvaikheer to connect the new 220kV facilities to the existing 110kV system. The existing Mandalgovi substation will be expanded to connect the new 220kV transmission line. The new transmission line will provide an additional power supply source to the Arvaikheer region, which is currently served by a single corridor 110kV transmission line despite significant commercial and industrial demand. The transmission line will, therefore, serve the following purposes: (i) increase power supply capacity; (ii) enable VRE generation in the region; and (iii) improve system resilience and reliability. Climate proofing measures will be embedded in the transmission line and substations.* Component 2: Implementation Support (US$2.16 million IBRD and US$0.84 counterpart funding). This component will provide technical and operational assistance to strengthen the institutional and technical capacity of relevant agencies, including MOE and other entities affiliated to MOE. It will also provide implementation support, and project management, including financial management, disbursement, procurement, environmental and social risk and impact management, and monitoring, reporting and evaluation.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

World Bank

Yanqin Song
Senior Energy Specialist
Hiroaki Yamada
Senior Power Engineer
Priyank Lathwal
Energy Specialist

Borrower/Client/Recipient
Mongolia

Implementing Agencies
Ministry of Energy
Yeren Ulzii
Director General
yeren-ulzii@energy.gov.mn

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission

ACCOUNTABILITY MECHANISM OF THE WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

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How it works