AKIPRESS.COM - The Mongolian Ministry of Energy has signed a Memorandum of Understanding with Poh Golden Ger Resources Pte Ltd, which is the Mongolian subsidiary of Singapore's "Poh Group Pte", for coal aerification and power generation, reports news.mn.

The Singaporean company will cooperate with Mongolia for constructing the coal aerification plant, which will generate power through the process of burning a combination of coal dust and gas.

The cooperation between the two sides first discussed during Singaporean Prime Minister Lee Hsien Loong’s visit to Ulaanbaatar in July, 2016.

The Poh Group, which specializes in mining and energy, was founded by Poh Kay Ping, currently its CEO. Poh Golden Ger Resources Pte Ltd holds mining and exploration rights for coal and copper in the south of the Mongolia.