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Page 1 CONFORMED COPY LOAN NUMBER 4488 CHA Project Agreement (Renewable Energy Development Project) between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT and SHANGHAI MUNICIPAL ELECTRIC POWER COMPANY Dated June 26, 2001 LOAN NUMBER 4488 CHA PROJECT AGREEMENT AGREEMENT, dated June 26, 2001, between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank) and SHANGHAI MUNICIPAL ELECTRIC POWER COMPANY (SMEPC). WHEREAS (A) by the Loan Agreement of even date herewith between the People