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  • 21 Aug, 2019

  • By, Wikipedia

Attaqa Mountain Pumped Storage Power Plant

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.

References

  1. ^ "Attaqa Mountain Pumped Storage Power Plant, Egypt". www.power-technology.com. Retrieved 2021-03-17.