SINGAPORE (June 6): China Everbright Water has secured two projects based in Jiangyin, Jiangsu Province, China, with a total investment of RMB503.6 million ($99.6 million).
The first, dubbed the Jiangyin Lin’gang Economic Development Zone Xili Center Waste Water Treatment Plant and Ancillary Pipeline Network and Pumping Stations Project (Xili Project), comes with an investment of ($95.6 million) and will be constructed and operated based on a build-operate-transfer (BOT) model for a concession period of 30 years.
It involves the construction and operation of a wastewater treatment plant with a capacity of 50,000 sq m; a 49 km-long wastewater pipeline network; and nine ancillary wastewater pumping stations.
The plant will mainly provide services to Xiagang, Shengang and Ligang districts, as well as the Huangtu Town area.
Another Jiangyin Chengxi Waste Water Treatment Plant Reusable Water Project commands an investment of RMB25.6 million.
It will have a designed daily reusable water supply capacity of 33,000 sq m, where discharged water will be used to replenish water in rivers within the plant.
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“With the rapid development of Lin’gang Economic Development Zone, Xili Project will meet the growing demand for waste water treatment in the zone, and will better facilitate the zone to satisfy the requirements by relevant environmental protection policies and achieve sustainable development,” comments An Xuesong, executive director and CEO of Everbright Water.
“Everbright Water will adopt various measures, such as optimisation of the overall planning, to achieve synergy among its projects in Jiangyin, improve the overall operational efficiency of these projects and become an outstanding service partner of Jiangyin City in the water environment management sector,” he adds.
Shares in the group closed 1 cent higher at 36 cents.
