Baganuur Power PlantThe Baganuur Power Plant is a coal-fired power station under construction in Baganuur, Ulaanbaatar, Mongolia.HistoryThe groundbreaking of the power plant happened on 23 December 2015 in a ceremony officiated by Prime Minister Chimediin Saikhanbileg.Technical specificationsThe power plant has an installed generation capacity of 700 MW.FinanceThe construction of the power plant was funded by the Government of China. The total cost for the power plant construction is US$900 million. The plant will operate under concession with China for 21.5 years.