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CDB provides loan for Ulaanbaatar No. 3 Power Plant Expansion and Reconstruction Project
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Government of Mongolia |
| Country | Mongolia |
| Start Date | Jan 01, 2013 |
| End Date | Sep 26, 2031 |
| Duration | 6,842 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 85836 |
Grant Description
CDB provides loan for Ulaanbaatar No. 3 Power Plant Expansion and Reconstruction Project In 2013, China Development Bank provided a loan for the Ulaanbaatar No. 3 Power Plant Expansion and Reconstruction Project.
The purpose of this project was to support a 50MW expansion of the coal-fired Thermal Power Plant No. 3 (TPP-3) in the city of Ulaanbaatar (exact locational coordinates: 47.895556, 106.865055).
Hunan Industrial Equipment Installation Company (湖南省工业设备安装公司) was the contractor responsible for implementation. The project commenced in July 2013 and it was officially completed at a June 16, 2014 completion ceremony.
Staff Comments
- This project is also known as the 50MW TPP-3 Expansion Project and the Ulaanbaatar Thermal Power Plant No. 3 Expansion Project. Chinese project title is 乌兰巴托第三电厂改扩建 or 乌兰巴托市第三电厂扩容改造项目. The Mongolian project title is ТЗЦ III - III-р дулааны цахилгаан станц.
- There are some indications that the CDB loan may have first been issued to the state-owned Development Bank of Mongolia and then on-lent to another borrower for the Ulaanbaatar No. 3 Power Plant Expansion and Reconstruction Project. However, this issue requires further investigation.
Sources & References
- 国家开发银行
- 我企业实施的乌兰巴托市第三电厂扩容改造项目交付使用
- Foreign media reports: The Third Power Plant was more reliable after the 50 MW Expansion of the Third Power Plant was put into use.
- Foreign media reports: The Expansion Project of MongoliaThird Power Plant provides heating and electricity to 20,000 households
- Ulaanbaatar Thermal Power Plant No. 3
- DBM Annual Report 2013 English Version, Товч танилцуулга
- Mongolian thermal power plant to undergo China-funded expansion Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Government of Mongolia
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