Energy Resources Has Invested Over $1 Billion in the South Gobi

by AI News

Energy Resources LLC, the highest taxpayer among private-sector companies, was founded 21 years ago on this day. One of the largest developments built at Ukhaa Khudag is the coal processing plant, backed by an investment of 450 billion tugriks.

Producing value-added goods domestically, the plant has the capacity to wash 15 million tons of coal a year.

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A power plant was built to provide uninterrupted 24-hour electricity to the mining complex and the soum of Tsogttsetsii. It is the first power plant built entirely by Mongolian engineers and uses a dry-cooling system that minimizes water consumption.

Over the past 21 years, Energy Resources has built a power plant that supplies round-the-clock electricity to the mining complex and Tsogttsetsii soum.

In addition, by constructing the Ceti 1 and 2 residential complexes in stages, a new settlement area has emerged in Tsogttsetsii soum, 560 km from the capital. Under long-term employment contracts, the company runs a program that provides employees with free housing.

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By constructing the Ceti 1 and 2 residential complexes in stages, a new settlement area has emerged in Tsogttsetsii soum, 560 km from the capital. Under long-term employment contracts, the company runs a program that provides employees with free housing.
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The Muruudul Education Complex, with a 640-student school, a 140-child kindergarten, and a 100-bed dormitory, has been commissioned. As of today, it operates with around 1,400 students, depending on local conditions.

In addition, the commissioning of the Muruudul Education Complex, which includes a 640-student school, a 140-child kindergarten, and a 100-bed dormitory, has become a comprehensive development project that has helped address employment and social needs in this remote soum.

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Through vocational training in heavy machinery operation, around 1,600 local residents have gained professional skills and 99% have been employed. Women account for 20.5% of them.

 

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