Mongolia to build 400MW hydroelectric power station
The World Bank has approved a 400 megawatt hydroelectric power station project at the Selenge River.
Currently, a working group in charge of the project was formed under the mining infrastructure development program, related ministries and agencies. They are currently researching possibilities for technical and economic sources for the project. Officials say that the Kuwait Fund will finance the hydroelectric power station and they expect research and the preliminary establishments to be conducted by 2013.
"The establishment of hydroelectric power station is expected to help manage the rising power demand in Mongolia and to make efficient and wise use of renewable resources. The dam power station should decrease green
house gasses by 700 thousand tons and save 300 thousand tons of coal a year," said the Manager of Mining Infrastructure Investment Development Program, B.Enkhbaatar.
Most of the Mongolia's power demand is met by the thermal power plants. Currently 81 percent is supplied by thermal power plants, 8 percent is imported from Russia, another 8 percent comes from diesel generators and 3 percent comes from small wind power stations and hydroelectric generators.