Ulaanbaatar
Feasibility studies of huge renewable energy project presented
PoliticsUlaanbaatar /MONTSAME/ Mongolia is near to become an exporter of renewable energy. The “Shivee Energy” project is one of the planned governmental projects to be implemented with a purpose of increasing energy production.
When the “Shivee Energy” project successfully starts, Mongolia will receive investments of 11 billion US dollars, twice as much as those for “Oyu Tolgoi” project, said D.Zorigt, the Minister of Energy, at a consultative meeting on the project’s preliminary feasibility studies and Mongolia-China energy cooperation, which ran April 13 at the “Shangri-La” hotel in Ulaanbaatar.
A power station of 9,240 MWT, a wind farm of 2,800 MWT, and a solar energy station of 1,200 MWT will be constructed. Moreover, a 1,300-km long electric overhead lines of 10,000+800 KWT and a mine of exploring 34 million tons of coal a year will be built. All this is to enable Mongolia to export a value-added and ready products, not a raw coal, the Minister emphasized.
As estimated, the Shivee Ovoo’s deposit, covering 29,500 hectares area and consisting of three parts, has 2,708.0 million tons of coal. Three and a half thous. permanent vacancies will be created, and 20 thousand people will be provided with jobs during an implementation of the project, which is co-managed by a unit of the “Shivee Energy” project unit and the “State Grid” Group of China (State Grid Corporation of China), the Minister said.
The gathered for the consultative meeting underlined that it is vital to tackle permission for the project and to ensure a successful realization of the project by improving the correlations of state bodies. Economists emphasized that the related Ministry and its agencies "ought to satisfy the investors' requests for the sake of a good realization of the project". If the Mongolian side makes favorable conditions for the project, the construction is expected to start in 2017.
According to the project, the construction will continue for four years, after which Mongolia would become an energy exporter by the year 2020, the Minister said.
The consultative meeting gathered authorities of the “State Grid” Group who delivered speeches.
