SINGAPORE (May 28): China Everbright Water announced Thursday that it has secured the Dezhou Lingcheng Waste Water Treatment Project (Lingcheng Project) (Plant 2) Expansion with a total investment of approximately RMB130 million (S$25.7 million).
The company inked a supplementary agreement with the Lingcheng District Government of Dezhou City, Shandong Province.
The Lingcheng Project will be invested in, constructed, operated and maintained based on a BOT (Build-Operate-Transfer) model.
The Lingcheng Project (Plant 2) Expansion will have a designed daily defluoridation capacity of 60,000 cubic metres and a sludge reduction facility. This is in addition to a designed daily waste water treatment capacity of 30,000 cubic metres.
Majority indicators of the discharged water will comply with the national Grade 1A standard according to the Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant (GB18918-2002) (national Grade 1A standard), with the rest indicators stricter than the national Grade 1A standard.
“Securing Lingcheng Project (Plant 2) Expansion signifies the enhancement of cooperation between Everbright Water and Dezhou City in the area of water environment management,” says An Xuesong, executive director and CEO of Everbright Water.
See also: Kingsmen renews F1 contracts for $53.2 million
“Everbright Water currently invests in and holds a total of nine waste water treatment and waste water pipeline network projects, which have a total designed daily waste water treatment capacity of 240,000 cubic metres,” he adds.
“Looking forward, the company will proactively leverage on the economies of scale and synergies from these projects to provide water treatment services with better quality and higher efficiency. By these means, Everbright Water will better fulfill the waste water treatment demand of Dezhou City, facilitate the improvement of water quality of the river transect of Hai River basin in the city, and also continue improving the quality of local water environment and living environment,” An says.
China Everbright shares closed 0.1 cent lower, or 0.5% down, at 19.9 cents on Thursday.
