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SIIC Environment secures $120 mil WTE concession agreement in Shandong province

Samantha Chiew
Samantha Chiew • 1 min read
SIIC Environment secures $120 mil WTE concession agreement in Shandong province
SINGAPORE (Jan 18): SIIC Environment Holdings announced that its 92.15%-owned subsidiary, Shanghai Fudan Water Engineering Technology, has signed a build-operate-transfer (BOT) service concession agreement with the Department of Housing and Urban-Rural De
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SINGAPORE (Jan 18): SIIC Environment Holdings announced that its 92.15%-owned subsidiary, Shanghai Fudan Water Engineering Technology, has signed a build-operate-transfer (BOT) service concession agreement with the Department of Housing and Urban-Rural Development of Shen county in Shandong province.

The agreement is in relation to the construction and development of a RMB 600 million ($120.1 million) waste incineration project that will employ grate incineration technology to convert waste to energy, as well as generate electricity for Shen county.

This waste-to-energy (WTE) facility will be located at the Circular Economy Industrial Park in Shen county and is expected to be developed in phases, with a total design capacity of 1,200 tons/day.

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