28 Jun 2010
Everbright International's Three Waste Water Treatment Projects in Shandong Commence Operations
Continue to Expand Waste Water Treatment BusinessChina Everbright International Limited ("Everbright International" or "the Group") is pleased to announce that it has commenced operations of three more waste water treatment plants in the Shandong Province. The projects are newly built Jinan Xike Waste Water Treatment Project ("Xike Project"), Ling County Waste Water Treatment No. 2 Plant ("Ling County No. 2 Plant") and newly acquired Ling County Waste Water Treatment No. 1 Plant ("Ling County No. 1 Plant") in Dezhou City.
The Group's Xike Project, with a designed daily waste water treatment capacity of 30,000 tonnes, complies with the highest national Grade 1A standard, commenced commercial operation in June 2010. Together with the existing Jinan Waste Water Treatment No. 1 and No. 2 Plants and Jinan Licheng Waste Water Plant, the Group has a total designed waste water treatment capacity of 630,000 tonnes in Jinan City, and all plants comply with national Grade 1A waste water discharge standard.
At the same time, the Ling County No. 2 Plant BOT (Build-Operate-Transfer) project developed by Everbright International has also commenced commercial operation in June 2010. The Grade 1A standard compliant project has a designed daily waste water treatment capacity of 30,000 tonnes at an investment cost of RMB58,000,000. The plant is a key construction project of the county which is expected to bring benefits to both the society and the environment of the county.
Beside Ling Country No. 2 Plant, Everbright International has also reached an agreement with the Ling County Government to acquire the Ling County No. 1 Plant on TOT (Transfer-Operate-Transfer) basis. The project involves a total investment of approximately RMB33,720,000. With a designed daily waste water treatment capacity of 30,000 tonnes, the project complies with the national Grade 1B waste water discharge standard. Both Ling Country No. 1 and No. 2 plants have linked up its online waste water discharge monitoring system with the network of the environmental protection departments of the province, city and county to ensure the discharged water is in compliance with the discharge standards. The sludge of the waste water plant will be processed as organic fertilizer after dehydration, following our decontamination and recycling procedures.
Mr. Chen Xiaoping, Chief Executive Officer of Everbright International, said," The addition of three new waste water treatment projects to our business is another proof of recognition of Everbright International on our quality of projects and our brand. Construction and operations of these projects can on one hand effectively improve quality of local environment and protect water resources, and on the other perfect infrastructure thus investment environment of the cities and speed up the continual, healthy development of the local economies. With the strong support from the country and the active researches done by the Group, the Group will be able to build our water affairs business stronger and contribute more to the society as a whole."