Attaqa Mountain Pumped Storage Power Plant Explained

Attaqa Mountain Pumped Storage Power Plant
Coordinates:29.9642°N 32.2569°W
Country:Egypt
Owner:PowerChina
Location:Suez
Plant 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]

External links

Notes and References

  1. Web site: Attaqa Mountain Pumped Storage Power Plant, Egypt. 2021-03-17. www.power-technology.com.