OREANDA-NEWS. The Rosseti group signed a memorandum with Erdenes Mongol during the official visit of the President of the Russian Federation Vladimir Putin to the Mongolian People’s Republic, a Russian media correspondent said from the signing ceremony. The document was signed by the head of Rosseti, Pavel Livinsky, and the executive director of Erdenes Mongol, Purevzhav Ganhuu.

The validity period of the memorandum is three years. The purpose of the document is cooperation in the field of research and development of integration ties of energy systems in Northeast Asia, including the necessary primary measures to strengthen and improve the reliability of the electricity system and the development of electricity infrastructure in the mining industry of Mongolia, follows from the message of the Russian company.

The parties will also assess the current state of Mongolia’s electric power system, develop schemes and programs for developing the country's energy system, and will also introduce advanced digital technologies into the electric grid complex, design and build electric grid complex facilities, and connect technological new strategic deposits and other industrial facilities.

"The parties agreed to form a joint working group to develop a common roadmap for the regional integration of the electric power markets of Northeast Asia, taking into account the modernized energy system of Mongolia, conduct joint research and prepare a feasibility study for the construction of new interstate power transmission lines. Based on the results of studying promising cooperation projects, the companies plan to consider the possibility of creating a joint venture", the companies said. Which can exist even after three years.