China approves 17 billion yuan hydro power plant in Qinghai province

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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.

($1 = 6.8972 Chinese yuan)

(Reporting by Beijing Newsroom; Editing by Jacqueline Wong)

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