BEIJING, Sept. 29 (Xinhua) -- The Kaleta Hydropower Station, the largest cooperative project between China and the Republic of Guinea, has gone into operation after three years of construction.
All three of the plant's generators have started to yield electricity and they will generate 965 gigawatt hour of power per year, said the Export-Import Bank of China (China Exim Bank), which lent 335 million U.S. dollars to the project.
The power station was constructed by Chinese enterprises and installed with Chinese equipment, with the contract worth 446.2 million U.S. dollars.
Its installation is intended to ease electricity supply shortages in Guinea and help improve the local economy and people's life. The West African country is one of the world's least developed countries.
Guinea's central bank introduced in May a new 20,000-franc banknote bearing an image of the power station. Enditem