Attaqa Mountain Pumped Storage Power Plant

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Attaqa Mountain Pumped Storage Power Plant
Country Egypt
Location Suez
Coordinates 29°57′51″N32°15′25″E / 29.96417°N 32.25694°E / 29.96417; 32.25694 Coordinates: 29°57′51″N32°15′25″E / 29.96417°N 32.25694°E / 29.96417; 32.25694
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.

Contents

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]

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References

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