China approves 17 bln yuan hydro power plant in Qinghai province

China approves 17 bln yuan hydro power plant in Qinghai province
# 02 January 2023 08:19 (UTC +04:00)

China Energy Investment Corporation said on Monday China's National Development and Reform Commission in Qinghai province has approved a hydro power plant worth 17 billion yuan ($2.46 billion) on Dec. 30 in the province, APA reports citing Reuters.

The plant is a so-called pumped storage hydropower facility that is used to pump water from a lower reservoir to an upper reservoir during periods of high electrical demand. The plant will start full production in 2028.

#
#

THE OPERATION IS BEING PERFORMED