National Power Transmission Grid State Owned Joint Stock Company

What National Power Transmission Grid State Owned Joint Stock Company does

National Power Transmission Grid State Owned Joint Stock Company (Цахилгаан Дамжуулах Үндэсний Сүлжээ ТӨХК, branded "Transco") is Mongolia's statutory national power transmission grid operator, founded in 1967 and headquartered at Chingis Square 45, Khan-Uul District, Ulaanbaatar. The company is wholly owned by the Government of Mongolia under the oversight of the Ministry of Energy and operates as a regulated natural monopoly responsible for the country's high-voltage transmission backbone at 220kV and 110kV. It transmits electricity from thermal generation sources — including Thermal Power Plants 2, 3, and 4 and the Erdent and Darkhan thermal plants — to distribution and heating networks (Ulaanbaatar Electricity Distribution Network and Ulaanbaatar Heating Network), and supplies dedicated infrastructure to large industrial customers such as Tavantolgoi LLC's compressed fuel facility.

The company's core product is the 220kV and 110kV national transmission network itself, complemented by substation infrastructure (including 110/10kV and 220kV substations) and a stack of internally developed operational systems: the DSUMS Transmission Network Management Information System (dsums.transco.mn) for SCADA-style grid monitoring and control, a unified technical information system (data.transco.mn), and the Able digital office platform (able.transco.mn) for internal document management and collaboration. The company holds an A3 certification relevant to construction and engineering services and maintains a documented occupational safety (ХАБЭА) management system. It coordinates grid stability in real time with the National Dispatch Center.

Revenue is generated via regulated tariffs set by Mongolia's Energy Regulatory Committee for transmission services provided to licensed generators, distribution operators, and large industrial customers. All major capex is procured through state tender processes (tender.gov.mn), with annual procurement plans and audited financial reports published on the company website and government transparency portals (shilendans.gov.mn). The company pursues annual anti-corruption action plans and works with international development partners such as KfW (German Development Bank) to co-finance grid modernization. Customer acquisition is not a relevant GTM concept — demand is mandated by statute — and the company's external communications are limited to its website, Facebook page, and government transparency disclosures.

Name

National Power Transmission Grid State Owned Joint Stock Company

Legal name

Цахилгаан Дамжуулах Үндэсний Сүлжээ ТӨХК (National Power Transmission Grid State Owned Joint Stock Company)

Website

https://transco.mn

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

National Power Transmission Grid (Transco) is Mongolia's state-owned, regulated monopoly operator of the 220kV and 110kV high-voltage transmission grid, transmitting electricity from thermal power plants to distribution networks and industrial customers such as Tavantolgoi.

Ownership category

akta.pro rank

Product category

Electricity Transmission Services

NAICS

Electric Power Transmission, Control, and Distribution (22112), Electric Bulk Power Transmission and Control (221121)

SIC

Electric Services (4911)

akta.pro primary industry

Transmission Substations & High-Voltage Switchyards (EUADAAAF)

akta.pro secondary industries

HVAC Transmission Lines (EHV/UHV Overhead & Underground) (EUADAAAD), Grid Interconnection & Collector Substation EPC (Utility-Scale Renewables) (EUAEABAK), Substation Systems & Integration (EPC, Engineering, Protection, Commissioning) (IMAGAAAC)

Keywords

• High voltage transmission
• Electricity grid operation
• Power transmission infrastructure
• Grid connection services
• National power grid

Headquarters

HQ city

Ulaanbaatar

HQ country

Mongolia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain

Distribution channels1 record

Marketing channels1 record

Core offering

The company operates and maintains Mongolia's national high-voltage electricity transmission grid at 220kV and 110kV voltage levels, providing bulk electricity transmission services that connect thermal power generation plants to distribution network operators and large industrial customers such as mining operations. It builds and operates substations (including 110/10kV and 220kV), provides grid connection services for new power generation and industrial facilities, and ensures grid stability through coordination with the National Dispatch Center.

Product overview

National Power Transmission Grid State Owned Joint Stock Company operates as a state-owned electricity transmission utility managing high-voltage power infrastructure. The core offering consists of 220kV and 110kV transmission networks spanning Mongolia, with supporting internal digital platforms including the Able digital office system and transmission network management information system. The company functions as transmission system operator connecting power generation facilities to regional distribution networks.

Differentiator

Problem solved

Functional benefit

Brands

• Able: Internal electronic office and document management system used by company employees

Products and services

• 220kV Power Transmission Network

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and major.

• Ministry of Energy (Эрчим хүчний яам)coreStrategic or Co-development PartnerThe Ministry of Energy is the parent government ministry overseeing the energy sector in Mongolia. National Power Transmission Grid operates under its policy supervision, with the ministry responsible for national energy policy, sector regulation, and oversight of state-owned energy enterprises including transmission, generation, and distribution entities.
• Energy Regulatory Committee (Эрчим хүчний зохицуулах хороо)coreStrategic or Co-development PartnerThe Energy Regulatory Committee sets transmission tariffs, approves grid connection agreements, and regulates the operational standards of power transmission utilities. National Power Transmission Grid operates under its regulatory jurisdiction, with tariff structures and service standards determined by the committee.
• Energy Development Center (Эрчим хүчний хөгжлийн төв)coreStrategic or Co-development PartnerEDC coordinates energy development projects, infrastructure investments, and modernization programs for the Mongolian power sector. The company collaborates with EDC on grid expansion and upgrade projects, including international donor-funded infrastructure initiatives.
• National Dispatch Center (Диспетчерийн Үндэсний төв)coreTechnology or IntegrationNDC operates the national electricity dispatch system coordinating power flow across the grid in real time. National Power Transmission Grid works closely with NDC to ensure grid stability, manage transmission constraints, and coordinate generator dispatch through the transmission network.
• Thermal Power Plant 2 (Дулааны цахилгаан станц 2)coreStrategic or Co-development PartnerUlaanbaatar Thermal Power Plant 2 is one of the largest power generation facilities in Mongolia. The company provides grid connection and transmission services to deliver electricity generated by TPP2 to consumers across the transmission network.
• Ulaanbaatar Electricity Distribution Network (Улаанбаатар цахилгаан түгээх сүлжээ)coreStrategic or Co-development PartnerUBEDN distributes electricity within Ulaanbaatar city and is a key customer of the national transmission grid. The company transmits bulk electricity to UBEDN's distribution network for delivery to residential and commercial consumers in the capital.
• Tavantolgoi LLC (Тавантолгой ХХК)majorStrategic or Co-development PartnerTavantolgoi, Mongolia's largest coal mining company, commissioned the company to construct a dedicated 110kV transmission line and 110/10kV substation to supply electricity for its improved compressed fuel production facility.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Ukrenergo: Ukraine's transmission system operator running the 220kV-750kV backbone with similar Soviet-era legacy assets, regulated tariffs, and industrial/mine-driven load profile. Comparable as a transitional-economy TSO managing aging infrastructure under capital constraints.
• Ulaanbaatar Electricity Distribution Network (UBEDN): Mongolia's capital-city distribution network operator and a direct downstream customer of Transco. Comparable as part of the same regulated Mongolian power-sector ecosystem, sharing the same ministerial oversight and tariff-setting body.

Broad incumbents

• State Grid Corporation of China: World's largest transmission utility operating China's EHV/UHV backbone. Relevant as a benchmark for SOE TSO scale, substation EPC integration, and renewable interconnection capability, though at vastly greater scale than Mongolia's grid.
• Inter RAO: Russian state-controlled energy major with cross-border transmission, generation, and trading operations. Comparable as a state-influenced transmission and dispatch platform operating in post-Soviet regulatory environments with cross-border interconnection optionality.
• Power Grid Corporation of India (PGCIL): India's central transmission utility operating the EHV inter-state grid at 220kV/400kV/765kV. Comparable as a large state-influenced TSO with regulated tariffs, project-based EPC capability, and exposure to renewable interconnection-driven capex.
• National Grid plc: UK-based regulated TSO with high-voltage transmission, gas, and interconnection businesses. Useful as a global benchmark for regulated TSO economics, capex-driven rate base growth, and renewable integration, though operating in a fully developed market.

Direct peers

• KEGOC (Kazakhstan Electricity Grid Operating Company): Kazakhstan's designated national transmission system operator, running the high-voltage backbone that connects generation to distribution across a similarly land-rich, mining-heavy post-Soviet economy. Directly comparable to Transco in mandate, regulatory model, and customer mix (thermal plants + mining).
• National Power Grid of Uzbekistan (NPGU): State-owned national grid operator in another Central Asian transition economy, operating 220kV/110kV transmission infrastructure connecting thermal generation, distribution networks, and industrial customers under a regulator-set tariff regime.

Emerging players

• Tavan Bogd Group: Largest Mongolian diversified conglomerate with mining, energy, and trading operations. Relevant as a domestic counterpart operating in the same Mongolian industrial-and-energy ecosystem, though as a private-sector player rather than TSO.

Others

• Tavantolgoi LLC: Mongolia's largest coking coal miner and a major anchor customer commissioning dedicated 110kV transmission infrastructure from Transco. Relevant as a key offtaker shaping Transco's expansion pipeline and as a domestic industrial peer operating in the same regulatory environment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/transco.mn
• LinkedInlinkedin.com/company/national-power-transmission-grid-state-owned-joint-stock-company

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

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