Ministry of Electricity and Renewable energy has signed a build-own-operate (BOO) memorandum of understanding (MoU) with Energy China to conduct technical, economic, and financial feasibility studies on the establishment of a 2,000-megawatt (MW) pumped-storage power plant in Egypt, as per a statement.

This came during a meeting held between the Egyptian Minister of Electricity Mohamed Shaker and the CEO of Energy China.

 

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