| Project Detail |
Location: Mongolia Project number: 51505 Business sector: Energy Notice type: State Environmental category: A Approval date: 20 Jul 2022 Status: Concept Reviewed PSD disclosed: 18 May 2022 The provision of a sovereign loan of up to US$ 43.1 million for the construction of the 220 km Choir - Sainshand 220 kV transmission line, the construction of the 220/110/35 kV substation at Sainshand and the extension of the 220 kV Choir substation. The line will represent a significant upgrade to the existing old 110kv line which suffers high levels of losses and is not sufficient to supply the growing energy demand of the region. Project Objectives The objective is to upgrade a critical component of the electricity transmission infrastructure, reducing the amount of energy not serviced (ENS) and displacing a significant volume of CO2 emissions by facilitating the integration of renewable energy and reducing transmission losses. Transition Impact ETI score: 67 The Project will contribute to the Green quality by displacing an estimated 120 thousand tCO2/year by reducing the curtailment of renewable electricity generators by an estimated 93.0 GWh/year and transmission losses by an estimated 26.9 GWh/year. In addition to improving the electricity connection of an underserved region of the country, the Project will also contribute to the Inclusion quality by promoting access to market-relevant skills and employment opportunities for young women and men in the energy sector. It will achieve this by supporting the introduction of a new, replicable and nationally accredited training programme for young electric engineers in partnership with the local technical university. |
