Attaqa Mountain Pumped Storage Power Plant
Attaqa Mountain Pumped Storage Power Plant | |
---|---|
Country | Egypt |
Location | Suez |
Coordinates | 29°57′51″N 32°15′25″E / 29.96417°N 32.25694°E |
Owner(s) | PowerChina |
Installed capacity | 2400MW |
Attaqa Mountain Pumped Storage Power Plant is an ongoing hydroelectricity power plant currently in development with a planned total capacity of 2400MWp. It is located in Suez, Egypt and is set to be completed in 2024.
Financial impacts
The Exim Bank of China agreed to provide $2.6b for the project and the agreement on the interest rate, repayment period of the loan and grace period are being negotiated.[1]
References
- ^ "Attaqa Mountain Pumped Storage Power Plant, Egypt". www.power-technology.com. Retrieved 2021-03-17.