Erdenet power station

From Global Energy Monitor
This article is part of the CoalSwarm coverage of Mongolia and coal
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Erdenet power station is a 50-megawatt (MW) coal plant under development at Erdenet, Orhon, Mongolia.

Location

The undated satellite photo below shows the plant, which is in Erdenet, Orhon, Mongolia.

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Background

The Erdenet power station is a 35 MW coal plant.[1] A May 2014 brochure for the Energy Mongolia International Conference & Expo refers to an expansion of the Erdenet power plant as one project which international investment is being sought.[2]

In March 2016, it was reported China’s Hunan Industrial Equipment Installation (HIEI) and the Ministry of Energy planned to expand the plant to 50 MW total. Around 85 percent of the investment is a Chinese concessional loan (to be recovered in 7.5 years), with the remaining financed by Development Bank of Mongolia.[3][4]

A groundbreaking ceremony for an expansion of the plant to 50 MW was held in March 2019.[5]

As of October 2020, the Mongolian government reports the renovation project is 90% complete and on track for commissioning in 2021.[6]

Financing

This expansion project was projected to cost US$53 million.[7] A US$51.8 million loan was provided by the Export Import Bank of China.[6] The rest of the funding came from a loan from the Development Bank of Mongolia and Chinggis in the form of equity or a bond.[7]

Project Details of Expansion

  • Sponsor: Hunan Industrial Equipment Installation
  • Parent company: Ministry of Mineral Resources and Energy
  • Location: Erdenet, Orhon, Mongolia
  • Coordinates: 49.0408, 104.098 (exact)
  • Status: Construction
  • Gross Capacity: 50 MW
  • Type: Subcritical
  • Projected in service: 2021
  • Coal Type:
  • Coal Source:
  • Source of financing: US$51.8 million in debt from the Export Import Bank of China;[6] US$600,000 in debt from the Development Bank of Mongolia; US$600,000 in equity from Chinggis[7]

Articles and resources

References

  1. "蒙古国额尔登特热电厂扩建项目开工_中国电力化工网," 中国电力化工网, Mar 28, 2016
  2. "Energy Mongolia International Conference & Expo", page 6.
  3. Khaliun Chimeddorj, "Groundbreaking ceremony for Erdenet Thermal Power Plant expansion takes place," UB Post, March 31, 2016
  4. "湖南安装:驰骋于蒙古高原的"铁血湘军," 株洲新闻网, 2017-07-27
  5. "额尔登特电厂改造项目举行奠基仪式," 驻蒙古经商参处, 2019-03-25
  6. 6.0 6.1 6.2 "Эрдэнэтийн дулааны цахилгаан станцын шинэчлэлтийн төсөл," energy.gov.mn, 2020-10-05
  7. 7.0 7.1 7.2 "Erdenet thermal power plant expansion to finish within a year". GOGO Mongolia. March 28, 2016.

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External resources