Energy Resources LLC, which operates 4% of the Tavan Tolgoi coal deposit in Tsogttsetsiy soum, Umnugovi aimag (96% owned by Erdenes Tavan Tolgoi JSC and the local “Tavan Tolgoi” JSC), has been implementing an interest-free loan program in the soum since 2014. Under the program, a loan fund is placed in Khas Bank and interest-free loans are provided on preferential terms, for a period of up to 3 years, thereby providing tangible support to the ac…
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Energy Resources LLC, which operates 4% of the Tavan Tolgoi coal deposit in Tsogttsetsiy soum, Umnugovi aimag (96% owned by Erdenes Tavan Tolgoi JSC and the local “Tavan Tolgoi” JSC), has been implementing an interest-free loan program in the soum since 2014. Under the program, a loan fund is placed in Khas Bank and interest-free loans are provided on preferential terms, for a period of up to 3 years, thereby providing tangible support to the ac…