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Construction of Tavantolgoi TPP to begin within second quarter of 2021 www.montsame.mn
Ulaanbaatar /MONSTAME/ 50 percent of the state-owned shares of Tavantolgoi Tsakhilgaan Stants (Tavantolgoi Thermal Power Plant) LLC will be held by the Ministry of Energy, 30 percent by Erdenes Tavantolgoi JSC, and 20 percent by the Government Agency for Policy Coordination on State Property.
At its regular meeting on November 11, the Cabinet ordered relevant ministers to commence the construction of the thermal power plant within the second quarter of next year.
According to the amendment to the agreement between the Government of Mongolia and Oyu Tolgoi LLC, construction of the power plant will begin by July 1, 2021, and conclude by December 31, 2024 to supply energy to Oyu Tolgoi project.
Published Date:2020-11-12
