Ulaanbaatar combined heat and power plant, Mongolia
Name and Location
Ulaanbaatar combined heat and power (CHP) plant, Mongolia.
Client
Government of Mongolia.
Project Description
The project involves the construction and operation of a coal-fired CHP plant with an electricity capacity of 415 MW and a steam capacity of 587 MW.
The plant will have three circulating fluidised bed boilers, with efficient pollutant control measures to significantly reduce emissions of particulates. The entire output from the plant will be bought by the Mongolian government under a 25-year power purchase agreement. The steam produced will be used for city heating in Ulaanbaatar.
The new plant will support the rising energy demand in Mongolia, which is largely driven by the mining sector and the abundant supply of natural resources, together with a growing population.
Value
The project will be funded through debt and equity.
Duration
The plant is expected to start operation in 2017.
Latest Developments
GDF Suez, together with its consortium partners Sojitz Corp, Posco Energy and Newcom, has been confirmed as the preferred bidder for the CHP plant in Ulaanbaatar.
A memorandum of understanding has been signed with the new Mongolian government, enabling the consortium to begin talks on project agreements.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
GDF Suez investor relations, tel +33 1 44 22 66 29 or email ir@gdfsuez.com.
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