Home News Contracts

Everbright Water secures two waste water treatment projects for RMB122 mil

Felicia Tan
Felicia Tan12/21/2020 06:02 PM GMT+08  • 2 min read
Everbright Water secures two waste water treatment projects for RMB122 mil
Shares in China Everbright closed flat at 22.5 cents on Dec 21.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

China Everbright Water has recently secured two waste water treatment projects for RMB122 million ($24.8 million).

The first is a concession agreement with the People’s Government of Zhenglu County in relation to the Changzhou Zhenglu Waste Water Treatment Project (Zhenglu Project) Phase II.

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.


SEE:China Everbright Water awaits brighter days following construction slump in 1H20: DBS

See also: Keppel delivers first of three rigs originally built for Borr Drilling to ADNOC, collects payment of US$160 mil

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.

See also: Silverlake Axis secures enhancement contracts to 77 existing customers worth nearly $40 mil

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.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.