Construction of UB - Mandalgobi electric line and sub-station starts
Construction of electric line between Ulaanbaatar and Mandalgobi and its sub-station, which targets to export electricity to China, started as the project launching ceremony took place this week. The project will be financed within general loan agreement of USD1 billion between Government of Mongolia and Export-Import Bank of the People’s Republic of China, established on November 10, 2015. TBEA Group of China will construct the line and sub-station as it won the bid.
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