Project unit responsible for preparations to implement the Energy Complex Project based on strategically-significant Shivee-Ovoo coal deposit is set to be established under "Erdenes Mongol" LLC.
The Minister of Energy D.Zorigt was assigned to establish the management committee of the project unit in accordance with the appropriate legislation, provide technical guidance and to monitor. Executive Director of "Erdenes Mongol" LLC was assigned to finance the operation of project unit and provide the necessary assistance.
Working group in charge of implementing the Energy Complex Project held necessary meetings with Chinese side and introduced the Mongolian law and the legal environment, mining operation of Shivee-Ovoo deposit and water resources.
According to the water supply of project, coal deposit, preliminary engineering plans of power plant and other research, Chinese side expressed its intention to construct a complex with mining with annual capacity of 34 million tons of coal, 9240MW air-cooled power plant with advanced technology and 800 kV DC transmission line with capacity to transit 8 million kilowatt electricity.
By implementing the project our country will be enabled opportunity to produce value-added finished products while Mongolia will be energy producer and exporter country using some parts of the 150 billion tons of coal reserves. Moreover the project has advantage of making positive impact on the economy by attracting major investment using eco friendly and advanced technology, increasing budget revenues and creating skilled personnel.
Project unit responsible for preparations to implement the Energy Complex Project based on strategically-significant Shivee-Ovoo coal deposit is set to be established under "Erdenes Mongol" LLC.
The Minister of Energy D.Zorigt was assigned to establish the management committee of the project unit in accordance with the appropriate legislation, provide technical guidance and to monitor. Executive Director of "Erdenes Mongol" LLC was assigned to finance the operation of project unit and provide the necessary assistance.
Working group in charge of implementing the Energy Complex Project held necessary meetings with Chinese side and introduced the Mongolian law and the legal environment, mining operation of Shivee-Ovoo deposit and water resources.
According to the water supply of project, coal deposit, preliminary engineering plans of power plant and other research, Chinese side expressed its intention to construct a complex with mining with annual capacity of 34 million tons of coal, 9240MW air-cooled power plant with advanced technology and 800 kV DC transmission line with capacity to transit 8 million kilowatt electricity.
By implementing the project our country will be enabled opportunity to produce value-added finished products while Mongolia will be energy producer and exporter country using some parts of the 150 billion tons of coal reserves. Moreover the project has advantage of making positive impact on the economy by attracting major investment using eco friendly and advanced technology, increasing budget revenues and creating skilled personnel.