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On April 22, China Three Gorges Construction (Group) Co., Ltd. and the people of Zigui County, Yichang City, Hubei Province* * , State Grid Xinyuan Holdings Co., Ltd. held a signing ceremony for a letter of intent for cooperation in the construction of Zigui pumped storage power station project. Li Zhiguo, member of the Party Committee and Deputy General Manager of China Three Gorges Construction Engineering Corporation, made an appearance * signing ceremony ; Li Guangwei, member of the Party Leadership Group and Deputy Director of Hubei Provincial Energy Bureau, Song Xingjian, Deputy County Magistrate of Zigui County, Ren Zhiwu, Deputy General Manager of State Grid Xinyuan Company, etc. * Signing activity. It is understood that the Zigui pumped storage power station project is located on the right bank of the Three Gorges Reservoir in Maoping Town, Zigui County, Yichang City, only 10 kilometers away from the Three Gorges Dam. It is the first "three reservoirs and two plants" pumped storage power station planned and constructed. The initial planned installed capacity is 3.3 million kilowatts, with a total investment of about 20 billion yuan. The project is currently carrying out planning and site selection work, and is striving to include * * Medium and long-term pumped storage power station site selection planning will strive to start construction during the 14th Five-Year Plan period. The successful signing of the Zigui pumped storage power station project is an in-depth implementation of the cooperation between China Three Gorges Corporation and * * An important step in the power grid company's pumped storage development cooperation strategy, it marks significant progress in pumped storage development cooperation between the two parties. Both parties will be committed to building the Zigui pumped storage power station into a strategic cooperation demonstration project. Content source: Refining and chemical industry trends