The Egyptian Ministry of Electricity and Renewable Energy is considering establishing a water-pumping and storage station to produce 2,000MW of electricity in Upper Egypt, according to Daily News Egypt.

A ministry official said that three foreign consulting firms will conduct the feasibility studies for the project in collaboration with the Hydro Power Plants Executive Authority (HPPEA).

He explained that the main objective of establishing the station is the development of the region to meet the electricity needs of citizens and secure electricity surplus to be sold to neighboring countries with different peak periods.

Additionally, the Ministry of Electricity has agreed with the Chinese Sinohydro to establish a power plant in Ataka with a capacity of 2,100MW at a total cost of $2.2b.