Nine State-Owned Energy Companies in Western Region Consolidated into Four

Ulaanbaatar, July 3, 2025 /MONTSAME/.  At its regular session on July 2, 2025, the Cabinet of Mongolia decided to consolidate nine state-owned energy companies in the western region into four entities.

As a result, nine independent companies and their eight branches have been merged into four consolidated companies. Specifically:

Uvs Electricity Distribution Network LLC, Khovd Electricity Distribution Network LLC, Durgun Hydropower Plant LLC, and the Myangat Solar Power Plant have been merged to form the Western Region Electricity Distribution Network State-Owned JSC.

The distribution branches of Altai-Uliastai Energy System have been consolidated into a new entity named Altai-Uliastai Electricity Distribution Network State-Owned JSC.

Taishir-Guulin Hydropower Plant LLC, Bogdyn Gol Hydropower Plant LLC, Tosontsengel Hydropower Plant LLC, Serven Solar Power Plant, Murun Solar Power Plant, Borkh Solar Power Plant, and Khungui-Galuutai Hydropower Plant have been merged to form a company called Taishir Green Energy State-Owned JSC.

Additionally, as part of the Government’s initiative to optimize the structure and governance of state-owned enterprises, the Government Resolution on Some Measures on State-Owned Companies has been approved to enhance efficiency, reduce operational costs, and eliminate overlaps and gaps in responsibilities within the energy sector’s state-owned enterprises.

Under this Resolution, the Western Region Energy System State-Owned JSC and Altai-Uliastai Energy System State-Owned JSC have been integrated into the National Electricity Transmission Network State-Owned JSC.