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

by AI News

Today marks the 21st anniversary of the founding of Energy Resources LLC, the highest-tax-paying private-sector company in Mongolia. One of the largest developments built at Ukhaa Khudag is the coal processing plant, which represents an investment of 450 billion MNT.

This plant, which produces value-added goods domestically, has the capacity to wash 15 million tons of coal per year.

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A power plant has been built to provide the mining complex and Tsogttsetsii soum with uninterrupted electricity 24 hours a day. It is the first plant constructed entirely by Mongolian engineers and features a dry-cooling system that uses minimal water.

Over the past 21 years, Energy Resources has also built a power plant that supplies the mining complex and Tsogttsetsii soum with uninterrupted electricity around the clock.

In addition, by developing the Tsetsi 1 and 2 residential complexes in phases, a new settlement area has emerged in Tsogttsetsii soum, 560 km from the capital. Under a stable employment agreement, the company provides employees with free housing.

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By phasing in the construction of the Tsetsi 1 and 2 residential complexes, a new settlement area has emerged in Tsogttsetsii soum, 560 km from the capital. Under a stable employment agreement, the company provides employees with free housing.
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The Muruudul Educational Complex, which includes a school for 640 children, a kindergarten for 140 children, and a dormitory for 100 children, has been commissioned. As of today, it operates with around 1,400 students, depending on local conditions.

Furthermore, the commissioning of the Muruudul Educational Complex, with its school for 640 children, kindergarten for 140 children, and dormitory for 100 children, has become a comprehensive development project that addressed employment and social needs in this remote soum.

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By including local residents in training programs for heavy machinery operation, around 1,600 people have gained professional skills, and 99% have been placed in jobs. Women account for 20.5% of that number.

 

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