Taikai Signs the First Wind Farm Project Contract in Mongolia

On May 21, 2012, Taikai Power Engineering Co., Ltd. signed the SALKHIT wind farm substation contract with Leighton LLC, MONGOLIA. This is the first wind farm project in Mongolia and is also the first wind farm substation equipment turnkey project of Taikai.

SALKHIT wind farm is 70 kilometers southeast of Ulan Bator, the capital of Mongolia. It is not only the first wind farm project in Mongolia but also the first GIS substation project in Mongolia. It is an international operation project. The user is Clean Energy Company in Mongolia; investor is Scottish SgurrEnergy Company; general contractor is Australian LEIGHTON Company; and the design side is Mongolia Erchim Engineering LLC and Leighton LLC, Mongolia.

Expect the draught fan and transformer, all other equipment in the wind farm are provided by our company. This project will be put into operation at the end of this year. After put into operation, the wind farm can meet almost 5% of Mongolia's domestic demand for electricity.

Mongolia's energy needs increases at an annual rate of 8% to 10%. The SALKHIT project will meet the growing energy needs. Meanwhile, it helps promote further development of railways, roads and electricity infrastructure. Thanks to its broad windy highland plain terrain, Mongolia has a large untapped wind potential.

At the signing ceremony, our staff indicated that we would efficiently complete the task of providing relevant equipment and try our best to deliver in advance. This will help to build a good image in Mongolia's electricity market and lay the foundation for subsequent development.