[Asia Today] Mongolia: Energy windfalls

Coal production continues to rise in Mongolia amid the ongoing development of large mining projects aimed at increasing regional demand, yet the energy sector has also began exploring greener alternatives.



In late February, construction started on the country’s first wind farm. Located 64 km southeast of Ulaanbaatar, the USD 100 million Salkhit Project is expected to deliver 168.5m KWh of electricity. Salkhit will be a joint project between Mongolian investment firm Newcom Group and US-based General Electric.

 

To read more: http://www.asiatoday.com/pressrelease/mongolia-energy-windfalls