PRESS RELEASE “SAINSHAND” WIND PARK PROJECT HOLDS ITS LAUCH EVENT

According to State Policy on Energy of Mongolia, the installed capacity of renewables is to reach 20 percent of total energy mix by year 2023. The Sainshand Wind Park Project, which will bring on line, pursuant to the above referenced policy, the third wind park of the country in Dornogobi aimag, has held its launching ceremony today. In the launching of a project that will develop  the Sainshand Wind Park in Dornogobi aimag located 460km east of Ulaanbaatar city, took part representatives of the Government of Mongolia, Plenipotentiary Ambassadors of Germany, France and China in Mongolia, representatives of sizeable foreign companies- project stakeholders, international development banks, contractors,  relevant authorities and national counterparts.

The project company- Sainshand Wind Park LLC- implementing this project for the commissioning of the third wind generator in the country is sponsored by French energy leader ENGIE, German project developer Ferrostaal, Danish Climate Investment Fund (DCIF) and Mongolian entrepreneur, Radnaabazar Davaanyam, with long-term financing provided by the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD).  The construction of the project started in August this year and completion is projected by end of 2018. 

The 486 hectare project site is located at the distance of 5km from Sainshand and 250km from Zamiin-Uud, both deemed as favorable from infrastructure perspective. This advantageous physical location will indeed provide cost efficiencies in terms of transport and logistics costs.   As result of implementation of this project, a total of USD117.5mln in foreign direct investment will flow into the country, while significant contribution will be made towards attainment of green economy and sustainable development objectives.

Once completed, the project will provide power supply to over 100,000 households through its installed capacity of 55MW of electric power generation, which will be based on the use of 25 2.2MW Vestas turbines deemed as most appropriate for the climatic conditions of this land and modern day requirements of wind-based power generation.  

Besides this, the clean energy generation will save an estimated 200,000 tonnes of carbon emissions,  2 million cubic meters of clean water and 50mln tons of raw coal consumption..

In overall, the project is expected to deliver substantial environmental and socio-economic benefits, according to testaments of project collaborators and industry specialists.

 – The Sainshand Wind Park- has just held its launch event, signaling the start of project construction and significant development in that region.    

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