Cabinet considered draft investment agreement of Tavantolgoi Power Plant
Cabinet considered draft investment agreement of Tavantolgoi Power Plant.
Cabinet considered draft investment agreement of Tavantolgoi Power Plant. The cabinet instructed to prepare signing of this agreement with the selected investor, Marubeni Corporation of Japan. Marubeni has been selected as a key investor in the project that requires total of USD 1 billion investments, 30% of which will be provided in form of direct investment from the key investor and 70% is to be raised from international banks and financial institutions. Tavantolgoi power plant is designed to have 450 MW per annual capacity, with Oyu Tolgoi as the main consumer.
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