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Overview

Chinese Government provides RMB 50 million grant for solar power generating facilities

Commitments (Constant USD, 2023)$13,945,753
Commitment Year•2002Country of Activity•MongoliaDirect Recipient Country of Incorporation•MongoliaSector•EnergyFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jun 1, 2002

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Mongolia

Loan description

Chinese Government provides RMB 50 million grant for solar power generating facilities

Narrative

Full Description

Project narrative

On June 13, 2002, the Mongolian Government announced plans to acquire solar power generating facilities from China with an RMB 50 million grant ($6.04 million) from the Chinese Government officially committed during the Mongolian premier's visit to China in January 2002. The Mongolian government made the decision during a government meeting on June 5, 2002.

Staff comments

The grant proceeds may have been used to install a new lighting system in Ulaanbaatar’s Sukhbaatar Square (Сүхбаатарын талбай). However, this issue requires further investigation.