On 20 June 2014, the Government of Mongolia and a consortium led by GDF Suez have signed Concession Agreement for the combined heat and power CHP No.5 Power Plant in Ulaanbaatar. The CHP No.5 would be built and operated under a Build-Own-Operate-Transfer scheme.
As part of the ADB Advisory Team, KhanLex advised the Government of Mongolia.
Once in operation, CHP No.5 will become the first and largest power PPP project in Mongolia and supply both heat and electricity to residents and businesses of the fast-growing Ulaanbaatar, one of the coldest capitals in the world.
Baker McKenzie Wong & Leow, member firm of Baker & McKenzie in Singapore, acted as the international counsel for the Government of Mongolia.
Link to the further news on this transaction
N.B.: Enkhbat Batsukh led the above work while being a partner with the merged firm “MDS KhanLex LLP” (now de-merged). In 2018, Enkhbat Batsukh together with other lawyers of “MDS KhanLex” has relaunched the pre-merger firm “KhanLex Partners LLP”.