Thermal Power Plant I/ has successfully carried out a project to increase its power capacity. The power plant will be able to provide 250,000 new households with electricity and 15,000 households with heating in Ulaanbaatar.

City administrators believe that the city will have an efficient source of electricity and heating across the city through 2017.

The new turbines installed were funded by 70 million MNT from the government budget and Development Bank of Mongolia. It is estimated that it the plant will earn an annual 25.8 billion MNT in real income for the state budget due to tariffs currently set.

CEO of Thermal Power Plant IV State Owned Company J.Osgonbaatar said that the Thermal Power Plant will cover the cost of investment within 4 to 7 years.

The extension of Thermal Power Plant IV involved over 300 staff, including 150 Russian specialists, and required the installation of over 350 pieces of equipment and facilities with the help of 71 heavy machines, 55 wagons, and planes.