Mongolia Selects GDF Suez-led Group to Build 450MW Power Plant
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GDF Suez SA led a group selected to build a $1.2 billion coal-fired power plant in Ulaanbaatar, as Mongolia seeks to ease pressure on the capital’s Soviet-era power infrastructure.
GDF, Sojitz Corp., Posco Energy Corp. and Mongolia’s Newcom Group, today signed a memorandum of understanding at Mongolia’s energy ministry to build a combined heat and power plant, Energy Minister Mishig Sonompil told reporters.