The Ministry of Energy of Mongolia (MoE) intends to implement a ca. 100 MW wind Independent Power Producer (IPP) project in Mandalgovi; and has appointed the International Finance Corporation (IFC), a member of the World Bank Group, as its lead transaction advisor for the competitive tendering of the ca. 100 MW wind IPP project (“the Project”). The Project will include the power plant and a 3 km transmission line connecting to the Mandalgovi substation.

MoE is looking for experienced private sector developers to design, finance, construct and operate the Project. In order to initially identify interested developers, expressions of interest are sought from companies with experience in developing similarly sized wind IPP projects. A prequalification of project developers is planned in early May 2026 as part of the bidding process.

A brief description of the Project and the timeline can be found below.

Expressions of interest (non-binding) must be submitted in English, and should include:

1. A description of the company’s activities (max. 10 pages), including information on:

• Participation in IPP projects involving a Build-Own-Operate or similar private sector participation structure,
• Details of wind and solar power plants currently in construction and operations,
• Experience in power plant design and construction, and
• Experience in developing and financing large IPP projects.

2. Copies of the two most recent audited financial statements (between 2023 and 2025).
3. Annual report and other relevant literature.

For additional information, please refer to the MoE website (link) or contact the persons listed below.

Expressions of interest should be sent by May 03, 2026.