Ministry of Energy of Mongolia announces 12 interested sponsors for the Mandalgovi Wind IPP Project

Ministry of Energy of Mongolia announces 12 interested sponsors for the Mandalgovi Wind IPP Project

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Ulaanbaatar, Mongolia – May 5, 2026– The Ministry of Energy (MOE) is publicly announcing the list of companies that submitted their expressions of interest (EoI) in the upcoming 100 MW Mandalgovi Wind IPP project. EOIs were requested to be submitted by the 3rd of May 2026.

The Government of Mongolia through the MOE is seeking potential investors to design, build, finance, operate, and maintain the Mandalgovi Wind IPP. Amongst the list of EOI applications are five local and seven international firms and consortia.

The companies submitting EOI’s are as follows, in the order of the submission:

No.

Company Name

Country of Origin

1

UPC APAC Holdings Pte. Ltd.

Singapore

2

China Longyuan Power Group Corporation Limited

China

3

Net Zero Tech LLC

Mongolia

4

Beijing Weineng Investment Co., Ltd.

China

5

Newcom Group

Mongolia

6

Sanko Enerji

Turkey

7

BAFS X Mongolia LLC

Mongolia

8

TBEA Sunoasis Co., Ltd.

China

9

MMS  Engineering LLC

Mongolia

10

SunSteppe Power(SSP) LLC Consortium

Mongolia

11

Naqaa Sustainable Energy LLC

Oman

12

Envision Energy Co., Ltd.

China


This priority project of the Government of Mongolia aims to support the scaling up of renewable energy (RE) in reaching the 30% target for the RE’s share in the installed capacity by 2030. The invitation for EOIs is a first step of the tender process. The MOE is planning to issue the Request for Qualifications (RFQ) in May and the issuance of the Request for Proposals (RFP) is expected in the third quarter of 2026.

For any project-related inquiries, please contact the following contacts:

MoE contacts

Mr. Enkhtuvshin Ganbaatar

Email: windauction@energy.gov.mn

With copy to:

Ms. Shobana Venkataraman

Mr. Jeff Ragchaa

International Finance Corporation

Email: svenkataraman1@ifc.org

Email: jragchaa@ifc.org