Title of the Competitive Selection: Selection of a private partner for 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.

The competitive selection for awarding the partnership will be conducted in one (I) stage.

Applicants wishing to participate in the competitive selection shall meet the general requirements specified in the Law on Public–Private Partnership and the procurement documents and demonstrate the following financial, technical and technological capabilities.

These include:

Project proposals for participation in the competitive selection must be submitted before 15:00 on 12 November 2026.

Project proposals submitted by participants will be evaluated and ranked in accordance with the requirements, evaluation criteria and methodology specified in the procurement documents.

The Selection Working Group will negotiate the terms of the partnership agreement with the highest-ranked participant. If agreement cannot be reached, it may negotiate with the next-ranked participant. A partnership agreement will be concluded with the participant with whom the terms have been mutually agreed, based on a Government decision and in accordance with applicable legislation.

Both Mongolian and foreign legal entities and their consortia may participate in the competitive selection. Before concluding the partnership agreement, the successful participant may establish a special purpose vehicle (SPV) under applicable Mongolian legislation, with the purpose and principal activities of implementing the project.

Procurement documents will be provided to entities that submit an official written request to participate in response to this invitation and meet the relevant requirements.

Procurement Documents:

Legal entities and their consortia wishing to participate in the competitive selection shall pay a non-refundable procurement document fee of MNT 500,000 (five hundred thousand tugriks) to the current account of the “Public–Private Partnership Center” SOE at State Bank, account No. MN980034102119257055.

Entities that submit an official written request to participate and provide proof of payment will receive the procurement documents in hard copy.

Submission Address: Public–Private Partnership Center SOE

Address: Building 38, United Nations Street, 4th khoroo, Chingeltei District, Ulaanbaatar

Contact Person: Ts. Tsengel, Head of the Project Development Department

Phone: 99190359

E-mail: Tsengel.ts@pppc.gov.mn