Mongolia Holds “Grid Innovation” Forum to Promote Power Development

The “Power Grid Innovation” international forum sponsored by the Central Mongolia Power Grid Company was held in Ulaanbaatar on the 20th. The forum conducted extensive discussions on Mongolian power development status and prospects, grid innovation, and investment in power sector projects.

More than 200 representatives from more than 30 companies in China, Russia, the United Kingdom, the United States, Japan, and India, and dozens of companies in Mongolia have attended the conference.

Chubuzinchulun, executive general manager of Central Mongolia Power Grid Corporation of Mongolia, said that with the rapid economic development, especially the vigorous promotion of the mining industry, the demand for electricity in Mongolia's Gobi region has grown substantially. Therefore, it is necessary to vigorously build high-voltage transmission grids and power distribution stations. He hoped that the forum will provide suggestions for power development and power grid innovation, and boost the rapid development of power infrastructure to meet the needs of Mongolia's economic construction.

Some foreign experts and company representatives introduced their country’s power development experience and modern equipment in their speeches. Zhang Chi, general manager assistant of China Wire & Cable Import and Export Corporation, who participated in the forum, said in an interview with Xinhua News Agency that China Wire & Cable Import & Export Co., Ltd. has been doing overseas power transmission and transformation projects for many years and has established cooperative relations with Mongolian Central Power Grid Corporation. The two sides signed a cooperation framework agreement.

According to reports, Central Mongolia Power Grid Corporation controlled nearly 80% of the country's electricity. Due to the continuous aging of the original power facilities in Mongolia, electricity production can not meet the current demand. Mongolia hopes to hold a forum to invite world-famous manufacturers to introduce new products in order to innovate the Mongolian power grid and improve the capabilities of power grid equipment.

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