Source: Eurasia Capital                       Date: 03 June, 2011

The diversified holding company Newcom Group, engaged in air transport, energy, real estate, financial services, telecom and other sectors, is currently focused on infrastructure related projects. It is building a wind power plant with a capacity of 50 mw, which will be the first plant to be connected to the national electricity grid since 1985. Mongolia possesses significant wind resources and the success of the project will be a boost for clean energy generation, according to Mr. Byambasaikhan, the Group’s Managing Director.