Chinese Government provides RMB 50 million grant for solar power generating facilities
Commitment amount
$ 15098762.642234953
Adjusted commitment amount
$ 15098762.64
Constant 2021 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Mongolia
Sector
Energy (Code: 230)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
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.
Additional details
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.
Number of official sources
0
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Mongolia [Government Agency]