The project will be invested in, constructed and operated based on a build-operate-transfer (BOT) model.
SEE:China Everbright Water subsidiary to acquire 65% interest in Tianjin company for RMB666.3 mil
Its concession period will expire concurrently with the Project Phase I in July 2050.
Project Phase II has a designed daily waste water treatment capacity of 50,000 cubic metres and the discharged water will comply with the national Grade 1A standard according to the Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant.
See also: Oiltek wins new contracts worth RM61.9 million
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Shares in China Everbright closed 0.5 cents lower or 2.1% down at 23 cents on Jan 25.
