The second project is the Jiangsu Jiangyin Waste Water Treatment (Binjiang Plant and Chengxi Plant) Upgrading Project.
The Zhenglu Project Phase II was based on a transfer-operate-transfer model with an investment of some RMB100 million.
The project has a concession period of 30 years and a designed daily waste water treatment capacity of 20,000 m3.
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According to the company in a statement released via SGX, the Zhenglu Project Phase II is Everbright Water’s first project in Changzhou City, which will “lay a solid foundation for the company to further explore cooperation with the city and to bolster its market status in Jiangsu Province”.
The Jiangyin Upgrading Project will be implemented based on a build-operate-transfer (BOT) model commanding an investment of about RMB22 million.
Its concession period will expire concurrently with Jiangyin Waste Water Treatment Project.
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The Jiangyin Upgrading Project will optimise relevant processes of the Binjiang Waste Water Treatment Plant and Chengxi Waste Water Treatment Plant (Phase I and II), which have a total designed daily waste water treatment capacity of 180,000 m3.
Shares in China Everbright closed flat at 22.5 cents on Dec 21.
