ID :
98627
Thu, 01/07/2010 - 15:09
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http://m.oananews.org//node/98627
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ONE MORE THERMAL POWER PLANT TO BE BUILT
Ulaanbaatar, /MONTSAME/ One more coal-fired Thermal Power Plant will be set up in Mongolia in the near future. Mongolia's Ministry of Mineral Resources and Energy has signed an Engineering, Procurement, Construction and Management contract (EPCM) with Mongolia-China joint venture Yuanda Group and its partner New Asia Mining Group.
According to the contract, a 60MW coal-fired Power Plant is to be erected based on Mogoin gol Coal Mine in northwestern Khovsgol province in order to provide with energy two provinces of Zavkhan and Gobi-Altai in western Mongolia.
It is first ever Mongolian EPCM Contract to build a Thermal Power Plant with private investment in BOO terms in country’s energy industry.
In collaboration with its Chinese partner, the project company will construct an eco-friendly Power Plant with minimum capacity of 60 MW and up-to-date technology within 20 months, and it is expected be commissioned in the end of 2011. Commercial operation of the Power Plant is expected to begin early 2012. Estimated investment for the project is USD110 million.
The electricity, generated by the Power Plant, will be mainly utilized by customers in two provinces as Zavkhan and Gobi-Altai and then customers in western region of Mongolia in future.
Yuanda Group Ltd is a Mongolia-China joint venture, headquartered in Ulaanbaatar, combining “Shine Asia Mining group” mineral exploration company and Unergy Power Co.,ltd-a professional engineering and consulting company in Mongolia and China that engage in the exploration, development and production of coal projects and energy projects.
Yuanda Group Ltd is a well financed diversified resource development company focused on exploration and development of coal deposits in Mongolia to supply a wide range of coal products and electricity to markets in Mongolia and China. Yuanda Group sells coal produced from its operation to Chinese market and brokers coal from other coal producers.
Another business scope of Yuanda Group Ltd mainly covers the following fields: construction of power plan, HV power transmission and transformation projects, construction and development of power supply projects, and promotion and application of new technologies; development, production, and sales of high-tech products; and import & export business related to advanced technologies as well as equipment and its accessories in the electric power industry.
S.Batbayar
15.10
According to the contract, a 60MW coal-fired Power Plant is to be erected based on Mogoin gol Coal Mine in northwestern Khovsgol province in order to provide with energy two provinces of Zavkhan and Gobi-Altai in western Mongolia.
It is first ever Mongolian EPCM Contract to build a Thermal Power Plant with private investment in BOO terms in country’s energy industry.
In collaboration with its Chinese partner, the project company will construct an eco-friendly Power Plant with minimum capacity of 60 MW and up-to-date technology within 20 months, and it is expected be commissioned in the end of 2011. Commercial operation of the Power Plant is expected to begin early 2012. Estimated investment for the project is USD110 million.
The electricity, generated by the Power Plant, will be mainly utilized by customers in two provinces as Zavkhan and Gobi-Altai and then customers in western region of Mongolia in future.
Yuanda Group Ltd is a Mongolia-China joint venture, headquartered in Ulaanbaatar, combining “Shine Asia Mining group” mineral exploration company and Unergy Power Co.,ltd-a professional engineering and consulting company in Mongolia and China that engage in the exploration, development and production of coal projects and energy projects.
Yuanda Group Ltd is a well financed diversified resource development company focused on exploration and development of coal deposits in Mongolia to supply a wide range of coal products and electricity to markets in Mongolia and China. Yuanda Group sells coal produced from its operation to Chinese market and brokers coal from other coal producers.
Another business scope of Yuanda Group Ltd mainly covers the following fields: construction of power plan, HV power transmission and transformation projects, construction and development of power supply projects, and promotion and application of new technologies; development, production, and sales of high-tech products; and import & export business related to advanced technologies as well as equipment and its accessories in the electric power industry.
S.Batbayar
15.10
