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