Mongolia : MONGOLIA's wind farm gets $100m funding [TendersInfo (India)]
Mongolia has started construction work on it s first project financed by international project finance.
$100m funding was received from the European Bank for Reconstruction and Development and FMO, supported by Mott MacDonald serving as technical advisor of the lender.
A major wind power project featuring 31 General Electric 1.6 XLE wind turbine generators have a total capacity of 49.6MW. Construction is scheduled for completion by the end of 2012.
Project Director at Mott MacDonald, Clare Rhodes-James said, "This is a particularly challenging project as the Mongolian environment is quite extreme, with winter temperatures dropping to -50°C and summer temperatures rising to 50°C, while there can also be large diurnal temperature variations. The project is also the first renewable power project to connect to the Mongolian Grid, and represents an exciting challenge to the grid operator."
$100m funding was received from the European Bank for Reconstruction and Development and FMO, supported by Mott MacDonald serving as technical advisor of the lender.
A major wind power project featuring 31 General Electric 1.6 XLE wind turbine generators have a total capacity of 49.6MW. Construction is scheduled for completion by the end of 2012.
Project Director at Mott MacDonald, Clare Rhodes-James said, "This is a particularly challenging project as the Mongolian environment is quite extreme, with winter temperatures dropping to -50°C and summer temperatures rising to 50°C, while there can also be large diurnal temperature variations. The project is also the first renewable power project to connect to the Mongolian Grid, and represents an exciting challenge to the grid operator."
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