TTPP – Tavan Tolgoi Power Plant 450 MW – Omnogovi - Project Profile
"TTPP – Tavan Tolgoi Power Plant 450 MW – Omnogovi - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Tavan Tolgoi Power Plant LLC (TTPP) is planning to undertake the Tavan Tolgoi power plant project in Omnogovi Province, Mongolia.
The project involves the construction of a coal-fired power plant with a capacity to produce 450MW of power annually.
The project includes the construction of a powerhouse, substations, and access roads and other related infrastructure, the installation of turbines, generators and transformers and the laying of 150km transmission line from Tavan Tolgoi to the Oyu Tolgoi mine.
The Government of Mongolia (GoM) will provide US$50 million in the form of mezzanine financing for the project. The project will be funded 30% through Chinggis Bond funds.
Sumitomo Mitsui Banking Corporation and Société Générale were appointed as financial advisors, Worley Parsons as technical consultant, Shearman&Sterling LLP and Allens and Linklaters were appointed as legal advisors, Siemens AG was appointed as turbine supply contractor and Mott MacDonald was appointed as the environmental consultant on the project.
On March 30, 2013, the GoM through the Ministry of Energy approved the plan for additional 150MW for earlier planned 300MW power plant, with a total capacity to produce 450MW.
On May 17, 2013, OTL, ETT and MCS signed a cooperation agreement on the project development.
Pre-feasibility studies on the project were completed in 2013. Development Bank of Mongolia financed the pre-feasibility studies on the project.
In June 2013, GoM and Cassona SE (Cassona) exchanged Letter of Intent (LoI) on the project development.
Marubeni Corporation, Kansai Electric Power, GDF Suez and POSCO Energy and Daewoo Engineering & Construction Co. were selected as shortlisted investors for pre-submission queries and delivered tender documents.
In October 2013, Marubeni Corp. and Daewoo Engineering & Construction Co. were selected as the final bidders on the project.
The project investors have been preliminarily chosen and have received the Technical and Commercial Request for Proposals (RfP) in October 2014.
The environmental and social impact assessments on the project with initially proposed capacity 300MW have been conducted and approved in 2015.
On February 28, 2016, Marubeni Corporation was appointed as an associated developer for the project.
In June 2016, Investment agreement on the project was signed with Marubeni Corporation.
Planning activities are underway and TTPP is yet to submit the environmental impact assessment report to the Ministry of Environment.
In May 2017, OTL signed a power purchase agreement with the National Power Transmission Grid (NPTG).
The project involves the construction of a coal power plant with a capacity to produce 450MW of power annually in Tavan Tolgoi, Omnogovi Province, Mongolia.
The US$1,000 million project includes the following: