China Energy, Seamwell to Build $1.5 Billion ‘Clean Coal’ Plant

Bloomberg reported that state-owned China Energy is planning to construct a clean coal plant in Mongolia.

The market news is quoted as saying:

The plant on the YiHe Coal Field will produce power by the end of 2014 or 2015, Matthew Idiens, president of Normanton, West Yorkshire-based Seamwell, said in an e-mail. It will generate 1,000 megawatts of electricity for about 25 years.

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