INVITATION: Competitive Selection of a Private Partner for the Implementation of the Baidrag 30 MW Hydropower Plant Project

Selection Reference No.: 002

The Ministry of Economy and Development hereby invites legal entities of Mongolia and foreign countries, as well as their consortia, to participate in a competitive selection process for a private partner to implement the “Baidrag 30 MW Hydropower Plant Project” through design, detailed environmental impact assessment, construction, operation and transfer under the Law on Public–Private Partnership.

Project Proponent: Ministry of Energy

Estimated Project Cost: USD 53.3 million

Project Term: A total of 29.4 years, comprising a construction phase of 4.4 years (53 months) and an operation phase of 25 years.

Financing Structure: The private partner shall identify the sources and structure of financing required to implement the project and prepare and submit a financing plan and financial model in accordance with the requirements specified in the procurement documents.

Government Support:

The following forms of support may be provided for implementation of the partnership project in accordance with applicable legislation, decisions of the competent authorities and the terms of the partnership agreement:

Provision of land possession and use rights in accordance with the Law on Land;

Facilitation of access to public services and granting of rights to use state and local government property;

Provision of tax relief and exemptions in accordance with applicable legislation;

Provision of public infrastructure and public services required for project implementation, other than those to be newly created under the partnership project;

Provision of other forms of support prescribed by legislation.

Government Guarantee:

If a Government guarantee is required for implementation of the partnership project, its form, scope and conditions shall be determined in accordance with applicable legislation, decisions of the competent authorities and the partnership agreement.