The investment decision for the Housihe Pumped Storage Hydropower Plant project in Gongyi City, Henan Province was recently approved, marking the completion of all the preliminary work and its offfical entry into the construction phase.

The Housihe Pumped Storage Hydropower Plant, located in Gongyi City, Henan Province, with a designed installed capacity of 1,200 MW. It is a key implementation project under China’s Medium and Long-Term Development Plan for Pumped Storage (2021–2035) during the 14th Five-Year Plan period and a key construction project of Henan Province. The project is scheduled to have its first generating unit operational by 2029, with full commissioning by 2030. Once completed, the hydropower plant will primarily support Henan's power grid through peak shaving, frequency regulation, phase modulation, and emergency backup services. It will improve the power supply capacity and operational stability, effectively mitigating peak load shortages and reducing energy supply pressure.

As the investment entity of the project, CYPC implements China Three Gorges Corporation's  "plan-invest-build-operate" mechanism of the pumped storage projects, collaborating with China Three Gorges Construction Engineering Corporation to advance the project efficiently with guaranteed quality. Additionally, it continues to deepen  the “pumped storage + new energy” integrated developmet model, boosting China Three Gorges Corporation's high-quality growth in pumped storage business and contributing Three Gorges' strength to the construction of China's new-type power system.