Energy Projects

​ PUMPED STORAGE HYDRO POWER PLANT PROJECT WITH UP TO 100 MW CAPACITY FOR GRID FREQUENCY AND LOAD REGULATION

To meet rising winter peak loads and reduce heavy reliance on imported energy, Mongolia is introducing its first operational Pumped Storage Hydro Power Plant to supply load-balancing capacity to the Central Energy System. Upon commissioning, the facility will produce 292 million kWh of electricity annually—connecting directly to the 220/110/35 kV Baganuur Substation via a 220 kV overhead transmission line—while generating an estimated USD 18.2 million (MNT 62.6 billion) in tax revenues and boosting foreign direct investment. As a clean, eco-friendly energy solution, the plant will lower greenhouse gas emissions, improve local microclimate conditions and drive regional industrial growth and employment.

Furthermore, it will establish vital strategic water reservoirs, build local technical capacity in complex hydraulic engineering and introduce cutting-edge storage innovation to advance Mongolia’s energy sector.

BAIDRAG 30 MW HYDROELECTRIC POWER PLANT PROJECT

Designed to supply load-balancing and peak-shaving capacity for Mongolia’s Central Energy System, the Baidrag Hydroelectric Power Plant will generate 59.8 million kWh of electricity annually and reduce transmission losses by 17 million kWh. By replacing power imports and building strategic water storage reservoirs, the project substantially advances national energy independence while connecting to the Bümbögör Substation via a 28 km, 110 kV overhead transmission line. As a zero-emission renewable energy source, the facility supports public health, lowers greenhouse gas emissions and enhances local microclimate conditions by increasing water supply and reducing dust in the forest-steppe zone. Furthermore, the initiative drives green economic growth, stimulates industrial development, creates local jobs and fosters national technical expertise in operating complex hydraulic structures.

Egiin River Hydroelectric Power Project

The Egiin River Hydroelectric Power Project, with a total budget of USD 827,600,000, is a critical energy initiative designed to integrate into Mongolia’s central power grid, reduce import reliance and stop the outflow of financial capital. Reassessing the 2014 Feasibility Study, the project addresses the lack of technical solutions for winter peak flow fluctuations to protect the Selenge River ecosystem while meeting urgent national peak-load demands.

To ensure long-term ecological and community benefits, the project is developing updated technical solutions and comprehensive impact assessments adhering to UNESCO, IFC, and IUCN international standards. A key requirement involves finalizing the “Study to Determine the Impact of Changes on the Ecosystem of the Selenge River,” conducted jointly by expert teams from the Mongolian Academy of Sciences and the Russian Federation to safeguard both the Selenge River and Lake Baikal.

GEOTHERMAL PROJECT OF DEEP GROUND HEAT IN A HEAT SUPPLY SYSTEM

The Geothermal Project of Deep Ground Heat in a Heat Supply System aims to unlock a reliable, year-round energy source that is independent of weather and seasonal changes. Focused on the Bayankhongor, Arkhangai, Uvurkhangai and Bulgan regions, the project addresses the lack of historical hydrogeological data through basic research in geology, geophysics, and geochemistry, alongside targeted experimental drilling. By determining exact reservoir temperatures, flow rates, pressure, water composition and usable thermal capacity (MWth), the project will build a comprehensive GIS database of regional thermal imaging and resources to significantly reduce exploration risks for future investors.

Ultimately designed to lay the groundwork for next-stage investment, this initiative will yield actionable technological solutions and a bankable Feasibility Study for centralized district heating. Transitioning to deep geothermal energy will directly reduce local coal consumption, lower fuel transportation costs, cut urban air pollution and stimulate regional economies through new job creation.