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Monday, 10/07/2013 1:24:28 PM

Monday, October 07, 2013 1:24:28 PM

Post# of 854
They are finally coming around...

http://www.bloomberg.com/news/2013-10-03/mongolia-sets-same-rules-for-foreign-private-investors-with-law.html

and...instead of cleaning up the city... antiques and retiring,,,they added to the pollution

Power Plant 3 extension to become operational this year
October 4, 2013
The capacity of Power Plant 3 is to be extended by 50 MW, increasing electricity by 50MW and power by 100 Gkal in an extension project to be launched this year.

Currently almost 90 percent of the extension construction for Power Plant 3 has been completed. The first phase of construction has come out of the factory and is now ready to be installed.

When the Power Plant 3 extension becomes operational, the capacity of power for the central region of Mongolia will be increased by 50 MW, the City power will increase 75 Gkal/h.

The newly constructed apartment and office buildings in Bayanrzurkh and Khan-Uul Districts will be connected and provided with power.

so...720,000 tons per year starting in November...great start...open that boarder and UO fires up at full speed production

still need PPA, but money should be coming in faster

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