NEXT STEPS EBRD has already approved the loan for the UBDHC project; the Bank and the Government are negotiating the terms of the loan and grant agreement. The investment programme will be funded by an EBRD loan of US$ 10 million, co-financed by a capital grant of US$ 5 million from the EU Asia Investment Facility (subject to final approval). Once the loan agreement is signed, implementation consultants will be mobilised to assist UBDHC with preparation and tendering of works in 2020. Implementation is expected to take place from 2021 to 2024. In 2020, EBRD plans to initiate discussions with the government and city of Ulaanbaatar on financing the distribution and demand-side focused investment programme for OSNAAUG. The EBRD closely coordinates and cooperates with other IFIs (such as the World Bank and the Asian Development Bank) to ensure that project components financed by the EBRD complement those supported by other institutions with similar aims.
The projects described here will modernise and expand crucial infrastructure while reducing CO2 emissions and local air pollution. Improving the DH system in Ulaanbaatar helps address the urgent air quality challenges of today, while ensuring that infrastructure exists to introduce low carbon heat sources and eventually decarbonise heat supply tomorrow.
For further information please contact: Greg Gebrail, firstname.lastname@example.org Andrew T. Christensen, email@example.com Anton Dan-Chin-Iu, firstname.lastname@example.org
Meet all our members from the Danish district heating industry at www.dbdh.dk/ourmembers
D I S T R I CT ENERGY - SUS TA I NAB L E C I T Y T RANS FORMAT I ON
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