Ulaanbaatar Plans to Issue Bonds to Finance the Construction of CHPP-5
At a meeting held on February 11, the Cabinet of Ministers decided to grant Ulaanbaatar permission to issue bonds worth ₮200 billion to finance the construction of the fifth thermal power plant (CHP-5) in the capital. This project fully complies with the requirements of the Law on Public Debt and key strategic documents, including the Medium-Term Fiscal Policy, Economic Development Policy, Energy Development Plan, as well as the Feasibility Study and Environmental Impact Assessment.