PREPARATORY WORKS ADVANCE FOR CHPP-5 (COMBINED HEAT AND POWER PLANT) PROJECT

 

Preparatory activities for the construction of CHPP-5, a strategic energy infrastructure project designed to meet Ulaanbaatar’s rapidly growing demand for heat and electricity through cogeneration, are progressing steadily.

The project is being implemented under a Public Private Partnership framework, with "Mitime International" Co.,LTD acting as the private sector partner.

Implementation status:

Project site formally approved by Government resolution

Land acquisition substantially completed

Technical feasibility confirmed for integration into the central energy grid

Feasibility study underway for a dedicated railway connection to ensure reliable fuel supply

Technical specifications:

Air cooled condenser technology, minimizing water consumption

Closed loop water reuse system

Environmentally compliant Circulating Fluidized Bed (CFB) boiler technology, reducing emissions

Expected outcomes:

Strengthened domestic energy supply capacity for Ulaanbaatar

Enhanced reliability and resilience of the power system

Downward pressure on energy costs and improved price stability

UBIM is actively structuring financing solutions for the project, including potential funding through the Ulaanbaatar Development Fund (under its entrusted management), while working to establish sustainable, long term funding sources aligned with capital market principles.