Jianghua county of central China's Hunan province has inked agreement with Hunan Xinhua Water and Power Co., Ltd on the development of the 2.4GW Jianghua Liucheyuan pumped storage power station.
With total investment amounting to 10 billion yuan, the power station could further strengthen central China grid's peak regulation, valley filling, phase modulation and accident standby functions, according to a source with the power company.
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