Baganuur power station

From Global Energy Monitor
This article is part of the CoalSwarm coverage of Mongolia and coal
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Baganuur power station is a proposed 400-megawatt (MW) coal-fired power station in Baganuur area, Mongolia.

Two other power stations have been proposed at Baganuur, both associated with proposed Coal-to-Liquids projects. These projects are the Baganuur IGCC (POSCO/MCS) and Baganuur IGCC (Petrovis), both of which appear abandoned.


The map below shows the location of Baganuur power station. (Satellite images from 2015 to 2021 are also available via Planet.)

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A May 2014 brochure for the Energy Mongolia International Conference & Expo refers to a 700 MW thermal power plant as one project for which international investment is being sought.[1]

Bids for a coal-fired Baganuur Power Plant Project were held in 2014; the Government of Mongolia approved the Invest Mongolia Agency to supervise the Build-Operate-Transfer agreement, which was awarded to registered Mongolian company Baganuur Power LLC. The agreement duration is 25 years; four years of construction and 21 years of operation. A construction contract was awarded to China National Nuclear Corporation (China Nuclear Industry 22).[2]

A groundbreaking ceremony was held on December 23, 2015. The project will include two supercritical coal-fired power generating units with capacity of 350 MW each. Total investment is estimated at US$1 billion.[3]

Construction on the chimney foundation and the factory front area allegedly began in 2017.[4] Bidding on plant parts and construction was ongoing in 2018.[5]

The power station was planned for commissioning in 2019,[6] but a 2018 government report[7] and 2019 OECD report[8] estimate commissioning in 2021.

According to a 2020 news article in, construction on the power station has stalled since 2018. The article said construction was planned to resume, although a date was not offered. The size of the plant may also be reduced to 400 MW.[9]

In 2021, the project did appear to be moving forward. An agreement to sell and purchase electricity was signed in July 2021, which is a subsidiary agreement for the Baganuur Power Plant project. The supplementary agreement reportedly stipulated that it would consist of two 200 MW units. The units was expected to be commissioned by 2023 or 2026 depending on the source.[10]

A government portal said the following (Google Translate):[11]

"According to the 27th note of the Government of Mongolia dated April 28, 2021, the Public Procurement Agency was instructed to organize the necessary amendments to the concession agreement of the 'Baganuur Power Plant' project in accordance with the relevant legislation. An additional concession agreement was signed on May 14, 2021 between Baganuur Power LLC, the concessionaire of the Baganuur Power Plant project, and the Public Procurement Agency. Accordingly, 'National Dispatch Center' State Joint Stock Company, 'National Electricity Transmission Network' State Joint Stock Company and Baganuur Power LLC signed an agreement to amend the 'Electricity Sale and Purchase Agreement' in July 2021. Additional agreement №2 was signed on the 23rd.
Currently, Baganuur Power LLC, the concessionaire, is cooperating with Baganuur JSC and the Energy Development Center SOEC to amend the accompanying concession agreements, such as the Coal Sale and Purchase Agreement and the Technical and Inspection Agreement. In order to begin construction of the plant in 2022, the company is working to obtain the necessary permits from the relevant central government agencies to begin construction."

One 2022 article discusses the energy ministry and their upcoming projects, mentioning the building of a transmission line to Baganuur and an "expansion" of the Baganuur thermal power plant. However, the same article includes a quotes, stating: "Globally, to reduce greenhouse gas emissions, banks and financial institutions are beginning to avoid financing coal-fired power plant projects. Therefore, the country must clarify its policy in this regard".[12] As of June 2022, there do not appear to be clear updates following the government's November 2021 announcement.


The project reached financial closure in December 2015. US$1 billion in equity will be provided by the sponsor, Baganuur Power LLC.[13][14]

The project cost was estimated at [US]$ 634 million.[11] Additional information about financing is available above.

Reports from February 2022 discussed that a Mongolian bank, translated as "the Development Bank", was connected to the Baganuur power plant. The report states that the bank had gone bankrupt.[15]

Project Details

  • Sponsor: Baganuur Power LLC
  • Parent company: Baganuur Power LLC
  • Location: Baganuur, Mongolia
  • Coordinates: 47.745697, 108.355172 (exact)
  • Status: Pre-permit
  • Capacity: 400 MW (Units 1&2: 200 MW) [formerly 700 MW]
  • Type: Supercritical
  • Projected in service: 2023 or 2026
  • Coal Type: Subbituminous
  • Coal Source: Baganuur mine
  • Source of financing: US$1 billion in equity from Baganuur Power LLC[13][14]

Articles and resources


  1. "Energy Mongolia International Conference & Expo", page 6.
  2. "Baganuur Power Plant construction commences," MAD, December 25, 2015, Archived Feb. 12, 2016
  3. "Mongolia’s first mine-mouth coal power plant starts construction," China Coal Resource, December 28, 2015
  4. "公司领导到蒙古国巴格诺尔电站检查工作," CPECC, August 24, 2017
  5. "蒙古国巴格诺尔2×350MW超临界燃煤热电联产电站工程【二次公告】," CNTCITC, August 7, 2018
  6. Alicia J. Campi, "Mongolian Mega Construction Projects Push for Energy Security, Regional Connectivity," Eurasia Daily Monitor Volume: 13 Issue: 23, February 3, 2016
  7. "Mongolia Third National Communication," UNFCCC, October 14, 2018
  8. GREEN Action Task Force, OECD, September 2018
  9. Ц.Сандаг-Очир: Багануурын станцыг цаг алдалгүй барих,", May 29, 2020
  10. "Хараат байдлаас гаръя гэвэл цахилгаан станцуудаа барь!," News.Mn, December 2, 2021
  11. 11.0 11.1 "Багануурын 400 МВт-ын цахилгаан станцыг төсөл," Mongolia Government, last updated November 25, 2021, accessed January 2022
  12. "Energy Ministry to carry through 22 projects," The UB Post, March 23, 2022
  13. 13.0 13.1 "Strategic Infrastructure Planning for Sustainable Development in Mongolia". OECD. September 18, 2019.
  14. 14.0 14.1 "Preview of Baganuur Coal-Fired Power Plant (700MW) | Transaction | IJGlobal". Retrieved September 21, 2020.
  15. "Хөгжлийн банкыг СҮЙРҮҮЛСЭН “сахал” Д.Эрдэнэбилэгийн ТАВИУЛУУД,", February 24, 2022

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