China backs $1bn power plant in Mongolia

Chinese state owned enterprise SEPCOIII Electric Power Construction is backing a plan to build a 600 MW power plant in eastern Mongolia.

The Tevshiin Gobi mine mouth coal-fired power project will be constructed at the Tevshiin Gobi coal deposit in the Santsagaan Sum of the Dondgobi province.
Mogul Power, backed by affiliates of investment manager Firebird Management, has entered into a binding memorandum of understanding with the Chinese company.

In addition to securing Mongolian Ministry of Energy approval in 2013, the proposed power plant secured construction permit from the Mongolian Energy Regulatory Commission and environmental impact assessment approval from the Ministry of Environment.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...