C&G Industrial Holdings says wholly-owned subsidiary — C&G Environmental Protection International Limited (C&G EPIL) — has successfully secured BOT (Built, Operate and Transfer) projects for two new waste-to-energy (WTE) plants in Nanping city and Jianyang city, located in Fujian province, China, for a concessionary period of 30 years.

The two new WTE plants are slated for completion in 2012 and will each have a designed treatment capacity of 600 tonnes per day. The estimated total cost of investment for the two projects is approximately RMB600 million ($123 million) and will be fully funded from internal resources and borrowings at the project companies’ level.

With the addition of these two new projects, C&G EPIL will have a total of nine WTE projects in China with an aggregate treatment capacity of 9,000 tonnes per day for municipal solid waste.

According to a July 2009 report by China Daily, China generates 150 million tonnes of solid waste per year which is growing at 8% per year.