The State Property Commission and combined heat and electricity companies held a press conference on 26^th May 2015 regarding the nation-wide power blackout which took place last Sunday (24^th May 2015).

Deputy Chief of State Property Commission mister J.Tumurbaatar,  informed that “the economic loss is estimated at about 2.2 billion MNT”. These are provisional calculations. “Erdenet’s industrial enterprises sustained a loss of 1.1 billion MNT”.

Mr Ts.Jargalsaikhan,  chief engineer of the National Electricity Network , said “The reason of power cut was a short-circuit incident. This effected the whole system. . But now everything has been repaired and the electricity stations are working normally”.

It can be noted that the directors of these companies said that no one knows exactly who is responsible for the blackout and how to recover the lost money.