The opening ceremony of an ‘Eco-friendly renewable energy park’ project was held in the Nalaikh District of Ulaanbaatar on 12 September. The project is valued at USD 4.6 million and is financed 100 percent by South Korean nonrefundable aid. The 400kW renewable energy plant is expected to open in first quarter of 2019.

The renewable energy sources of the sun and wind can provide electricity to more than 400 homes in Nalaikh District.