Erdenet Heating Power Plant to be renewed

Politics
en_amarsaikhan@montsame.mn
2015-11-24 14:27:50

Ulaanbaatar /MONTSAME/ At its Monday’s regular meeting, the cabinet gave permission to the Development Bank (DB) of Mongolia to settle 30 percent of funding required for renovation of Erdenet Heating Power Plant through bridge financing.

The renovation is partially financed from the soft loan provided by the Government of the People’s Republic of China to the Government of Mongolia.

An extension of 35MWT is expected to help compensate the shortage of electric power supply, reduce amount of power imported from the Russian Federation, double the plant’s production capacity, and reduce the production cost of 1 KWT/h electricity by 41.32 MNT.

The renovation project includes an installation of 35MWT turbine generator, renovation of water treatment equipment, replacement of boilers, construction of water-cooling station, and renovations of power source and additional instruments.

Minister of Energy D.Zorigt was assigned to conclude an agreement with the selected company and to manage an execution of the project within USD 53.8 million.

 

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