Ulaanbaatar
Construction of UB - Mandalgobi electric line and sub-station starts
Economy
Ulaanbaatar /MONTSAME/ 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.
The project is significant for the improvement of electricity and heat supply and reliability for the domestic needs, which are increasing year by year, for providing technical conditions to support new electricity source of Oyu Tolgoi and Tavan Tolgoi mines and further export electricity to China.
TBEA Group Co., Ltd., through its subsidiaries, manufactures and sells transformers and wire and cable products. It also offers heavy engineering construction services, including construction of Tajikistan's north-south 500 kV transmission lines and 220 kV substation. In addition, it engages in goods and technology import and export business; economic information consulting services; investment metal materials, machinery equipment and accessories, sales of building materials; owned business transformer accessories; metal castings, rubber products, plastic products, electronic products, hardware, chemical products production and sales; electroplating process; and renewable materials recycling.
The project is significant for the improvement of electricity and heat supply and reliability for the domestic needs, which are increasing year by year, for providing technical conditions to support new electricity source of Oyu Tolgoi and Tavan Tolgoi mines and further export electricity to China.
TBEA Group Co., Ltd., through its subsidiaries, manufactures and sells transformers and wire and cable products. It also offers heavy engineering construction services, including construction of Tajikistan's north-south 500 kV transmission lines and 220 kV substation. In addition, it engages in goods and technology import and export business; economic information consulting services; investment metal materials, machinery equipment and accessories, sales of building materials; owned business transformer accessories; metal castings, rubber products, plastic products, electronic products, hardware, chemical products production and sales; electroplating process; and renewable materials recycling.
B.Ooluun
