Dec 30 (Reuters) - Turquoise Hill Resources Ltd TRQ.TO :
* OYU TOLGOI AND THE GOVERNMENT OF MONGOLIA SIGN POWER SOURCE FRAMEWORK AGREEMENT FOR TAVAN TOLGOI-BASED POWER PROJECT
* THE 300 MEGAWATT PLANT WILL BE MAJORITY OWNED BY OYU TOLGOI LLC AND WILL BE SITUATED CLOSE TO THE TAVAN TOLGOI COALFIELDS
* CONSTRUCTION EXPECTED TO START IN 2020 FOLLOWING FURTHER STUDIES AND COMMISSIONING OF POWER PLANT IS SCHEDULED FOR MID-2023