Tavan Tolgoi power plant project, Mongolia
Name of the Project
Tavan Tolgoi power plant (TTPP) project.
Location
Mongolia.
Project Owner/s
Rio Tinto.
Project Description
Rio Tinto continues to progress options to secure domestically sourced power for the Oyu Tolgoi copper mine, in Mongolia, which it is obliged to do until June 30, 2023, under the 2009 investment agreement between Turquoise Hill, the government of Mongolia and Rio Tinto, and the subsequent Power Sector Framework Agreement, signed in 2018.
The TTPP project involves the construction of a 300 MW coal power plant.
Potential Job Creation
Not stated.
Capital Expenditure
The project is estimated at $924-million.
Planned Start/End Date
Not stated.
Latest Developments
Rio Tinto submitted the feasibility study for the TTPP project to the government of Mongolia in February 2020.
In parallel with the TTPP project, and in consultation with the Mongolia government, Rio Tinto is also progressing alternative options to source domestic power, including a renewable power component.
Key Contracts and Suppliers
None stated.
Contact Details for Project Information
Rio Tinto investor relations (Asia), Grant Donald, tel +65 6679 9290.
Rio Tinto investor relations (Asia), email media.enquiries@riotinto.com.
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