China Everbright Water

[winston]

not vested

China Everbright secures industrial wastewater treatment project in Nanjing

By Gwyneth Yeo

SINGAPORE (Aug 24): China Everbright Water has won a contract for the Nanjing Pukou Industrial Waste Water Treatment BOT Project Phase I, which will treat the wastewater from the integrated circuit industry zone in Pukou Economic Development Zone, Nanjing.

The entire project will have a total contractual daily wastewater treatment capacity of 40,000 cubic m and will be constructed in phases.

Phase I will have a designed daily wastewater treatment capacity of 10,000 cubic metres and will be constructed on a Build-Operate-Transfer basis with a concession period of 20 years.

China Everbright says the total investment of the first phase would be about RMB62 million ($12.7 million) and the water discharge will comply with the national Grade 1A standard, after construction completes and operations commence in June 2017.

Upon completion, the operation of the project will be run by a 60:40 joint venture company between China Everbright and Jiangsu Zhongbo Investment Development Co.

Shares of China Everbright closed unchanged at 56.5 cents on Wednesday.

Source: The Edge

http://smr.theedgemarkets.com/article/c ... f-87358173

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