RE: RE: Things could soon change for the better The Wolrd bank gave an additional 12 million to this project in the past...
The objective of the Additional Financing for the Energy Project for Mongolia is to reduce losses and improve the reliability and financial sustainability of electricity distribution companies. The additional credit will help fund urgently needed investments to help avert disruptions in supply of electricity to resident's of Ulaanbaatar (UB) by renovating existing equipment and upgrading portions of the electricity distribution network. The city's power system, including transmission and distribution networks, has been in operation for 40 years and more without the benefit of major technical rehabilitation. The system no longer provides a reliable supply of electricity and cannot accommodate new connections. This situation compounds the risk of system failure, especially during winter months when temperatures regularly plunge to minus 35 degree Celsius
Benefits of the additional work include: (a) improving system reliability; (b) reducing system losses; and (c) expanding capacity to accommodate new connections.
Everyone on the planet knows that Mongolia has infrastrucure issues....only way to move forward is have consistant power for all the projects coming on line. Sign the PPA already!!