China Everbright Water lands three environmental protection projects

China yuan coins

China Everbright Water obtained three environmental protection projects requiring a total investment of around 340 million yuan (S$67.09 million or US$49.48 million), the water infrastructure player said in a filing to SGX after the market close Thursday.

The projects are Liaoning Dalian Pulandian Reusable Water Project, Inner Mongolia Tongliao Development Zone Waste Water Treatment Project Upgrading and Expansion, and Shandong Dezhou Lingcheng Waste Water Pipeline Network PPP Project Expansion, the filing said.

The Pulandian Reusable Water Project will be on a rehabilitate-operate-transfer model, with a concession period of 20 years and an investment of around 105.7 million yuan, including the transfer price and the upgrading work, the filing said.

Discharged water from the project will be used for water replenishment for rivers in the Pulandian district and for recycling and reuse by industrial, China Everbright Water said.

The Tongliao Project Upgrading and Expansion will be on a build-operate-transfer model, with an investment of around 169.4 million yuan, the filing said.

After the upgrading and expansion work, the designed daily waste water treatment capacity of the Tongliao Project will rise to 50,000 square meters from 30,000 square meters, China Everbright Water said.

The discharged water will be used for water replenishment for rivers in the Tongliao economic and technological development zone, the company said.

The Dezhou Pipeline Project Expansion will be on a build-operate-transfer model with an investment of around 65 million yuan, China Everbright Water said.

The expansion includes developing around 10.24 kilometers of waste-water pipeline network, mainly for the old urban areas of the Lingcheng district, the filing said.

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