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South Korean firm to construct mixed warmth and energy plant in Mongolia
AKIPRESS.COM – Power improvement firm KM Infrastructure Company, invested by South Korea and Mongolia, signed an settlement to construct a waste recycling plant in Ulaanbaatar, South Korean media reported.
KM Infrastructure Company signed an official settlement on promoting electrical vitality with State Nationwide Heart for Power Administration beneath the Ministry of Power of Mongolia on August 31.
The present authorities is the primary authorities of Mongolia, which allowed to assemble a non-public mixed warmth and energy plant within the heart of Ulaanbaatar and direct buy of produced vitality.
The capability of the potential plant will make 15.4 MW. It would present vitality for 390,000 homes in Ulaanbaatar.
Two waste burning vegetation with capability of 300 tons are additionally deliberate to be constructed. The plant’s vitality effectivity will likely be elevated by producing solely electrical vitality.
The federal government of Mongolia introduced that the vitality from KM Infrastructure Company will likely be purchased for 25 years.
The development of thermoelectric energy station will start in April 2023 in Ulaanbaatar within the territory of 40,000 sq. meters, and can finish by the second half of 2025. The entire value of the undertaking reaches $100 million.
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