SPC discusses new power plant construction
The State Property Committee (SPC) held a meeting at the Chinggis Hotel on Tuesday to discuss the construction of Power Plant No. 5. SPC officials said several organizations have tendered bids to construct the plant.
The selection of the winning bidder will occur in two phases, the first to be held on November 28, the second in March 2012. Officials said the winner will be selected according to the law on concessions, and the SPC will forward the name of the winning bidder to the Government.
The SPC plans to begin construction before the 2012 election. The Ministry of Mineral Resources and Energy will oversee the USD 800 million project, which is being financed by the Asian Development Bank.
Power Plant No. 5 will have six furnaces and five turbines with a total capacity of 820 MW. The first part of the plant is scheduled to go on line in 2014, the second in 2020. The plant will annually burn 3.6 million tons of coal, with 70 coming from the Shivee-Ovoo mining project and 30 percent from the Baganuur project. The new plant will be built next to Power Plant No. 3.
The selection of the winning bidder will occur in two phases, the first to be held on November 28, the second in March 2012. Officials said the winner will be selected according to the law on concessions, and the SPC will forward the name of the winning bidder to the Government.
The SPC plans to begin construction before the 2012 election. The Ministry of Mineral Resources and Energy will oversee the USD 800 million project, which is being financed by the Asian Development Bank.
Power Plant No. 5 will have six furnaces and five turbines with a total capacity of 820 MW. The first part of the plant is scheduled to go on line in 2014, the second in 2020. The plant will annually burn 3.6 million tons of coal, with 70 coming from the Shivee-Ovoo mining project and 30 percent from the Baganuur project. The new plant will be built next to Power Plant No. 3.
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