CHINA Everbright Water China Everbright: U9E -1.61% has secured a phase 1 industrial wastewater treatment project, which commands an investment of 143 million yuan (S$30.7 million), in China' s Jiangsu province.

 

In a midday bourse filing on Monday (Dec 6), the mainboard-listed group said the first phase of the Jiangsu Changzhou Zhenglu industrial wastewater treatment project will be implemented on a rehabilitate-operate-transfer model.

 

It will mainly provide wastewater treatment services to industrial enterprises in the Tianning High-tech Industrial Development Zone in Changzhou City.

 

Its concession period of 30 years is inclusive of a 1-year construction period, and will have a designed daily industrial wastewater treatment capacity of 5,000 cubic metres (cu m) with an additional capacity of 5,000 cu m in the long term.

 

The project will also be equipped with a water pipeline network outside the project area with a length of about 24 kilometres.

 

China Everbright Water also intends to consider the actual circumstances and demands of the project, before entering into relevant agreements for expansion works in future.

 

The group' s latest project comes after it first announced its entry into Changzhou' s water market in December 2020, through a concession agreement for the second phase of the Changzhou Zhenglu wastewater treatment project.

 

The phase 2 project is based on a transfer-operate-transfer model with an investment of about 100 million yuan, and a designed daily wastewater treatment capacity of 20,000 cu m.

 

China Everbright Water said its latest secured project marks " good expansion of cooperation" between the company and People' s Government of Zhenglu County.

 

Both the phase 2 and phase 1 projects will respectively focus on providing quality municipal wastewater and industrial wastewater treatment services, and are collectively expected to help better safeguard the local water environment, said the group.

WASTEWATER treatment company China Everbright Water China Everbright: U9E -3.33% has signed a framework agreement with the water authority bureau in the Chinese port city of Qingdao worth 1.43 billion yuan (S$307 million), in relation to a wastewater treatment plant expansion and upgrading project.

 

A 60 per cent-owned subsidiary of Everbright Water will invest in, construct and operate the project based on a build-operate-transfer model, for a proposed period of 25 years, inclusive of the construction period, the company said in a bourse filing on Friday (Nov 26).

 

The expansion and upgrading project works will improve the company' s Maidao wastewater treatment plant (Maidao Project), situated in Qingdao, in two main aspects.

 

Firstly, the aggregate wastewater treatment capacity of the Maidao Project will be increased to 220,000 cubic metres a day, with the construction of a new underground wastewater treatment facility.

 

Secondly, major indicators of Maidao Project' s discharged water will be upgraded to comply with China' s national environmental quality standards for surface water.

 

The Maidao Project supported the sailing events of the Beijing 2008 Olympic Games.

 

Everbright Water' s executive director and chairman Hu Yanguo said the company plans to engage the local community and develop the expansion and upgrading plans into " an iconic water project" that integrates high-quality water treatment facilities and a neighbourhood-friendly park.

China Everbright Water has announced it has secured a waste water treatment plan public-private partnership project in the Hebei province in China with a total investment of approximately RMB208 million ($44.2 million).

China Everbright Water holds a 95% equity interest in the project company, and will be responsible for the financing, operation and maintenance of the project for a concession period of 30 years.

 

Located in the Huanghua in the Cangzhou city in the Hebei province, the plant treats municipal waste water and a small amount of industrial waste water. The plan has a total treatment capacity of 40,000 cubic meters per day and has commenced operations.