Everbright Water secures three environmental protection projects

HONG KONG: China Everbright Water Limited, an environmental protection company focusing on water environment management, has recently secured three projects, namely: Liaoning Dalian Pulandian Reusable Water Project, Inner Mongolia Tongliao Development Zone Waste Water Treatment Project and Shandong Dezhou Lingcheng Waste Water Pipeline Network PPP Project.

 These projects command a total investment of approximately RMB 340 million.

Pulandian Reusable Water Project will be invested in, constructed and operated on a ROT (Rehabilitate-Operate-Transfer) model. With a designed daily reusable water supply capacity of 40,000 m3 and a concession period of 20 years, the project commands a total investment of approximately RMB 105.7 million, which is comprised of the transfer price for the project amounting to approximately RMB 84.57 million, and the upgrading work of the project amounting to approximately RMB 21.13 million.

Located within the plant area of Everbright Water’s Pulandian Waste Water Treatment Project Phase I, Pulandian Reusable Water Project will comply with the national Grade 1A standard according to the Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant for its discharged water.

Its discharged water will be used for water replenishment for rivers within the Pulandian District and for recycling and reuse by industrial. The sludge generated from Pulandian Reusable Water Project will be treated in the advanced sludge treatment unit of Pulandian Waste Water Project Phase I and the water content of sludge after dehydration process will be no higher than 60% of total sludge weight.

Tongliao Project Upgrading and Expansion will be invested in and constructed on a BOT (Build-Operate-Transfer) model, and commands an investment of approximately RMB 169.4 million, with the concession period ending concurrently with that of Tongliao Project.

After upgrading and expansion work is completed, the designed daily waste water treatment capacity of Tongliao Project will increase from 30,000 m3 to 50,000 m3, with discharged water complying with the national Grade 1A standard.

The discharged water of the project will be used for water replenishment for rivers within the Tongliao Economic and Technological Development Zone.

With an investment of approximately RMB 65 million, Dezhou Pipeline Project Expansion will be invested in and constructed on a BOT model, with the concession period ending concurrently with that of Dezhou Pipeline Project.

The expansion work includes the development of approximately 10.24 kilometers of waste water pipeline network, which will primarily cover the old urban areas of the Lingcheng District, extending to the north of Dingdong Road, south of the Outer North Ring Road, east of Fuxing Street and west of Outer East Ring Road.

An Xuesong, Executive Director and CEO of Everbright Water, said, “Everbright Water achieved the dual-listed status in Singapore and Hong Kong on 8 May 2019, which is believed to help attract different investors, broaden its shareholder base, and contribute to its long-term growth. In the first half of the year, the Company delivered a notable result in market expansion, with the water treatment capacity increasing by more than 900,000 m3. This has laid a solid foundation for the Company’s next phase of development. In the future, Everbright Water will proactively explore opportunities for business development. In the meantime, it will make smooth progress for its projects that are in preparatory stage and under construction, and also ensure that its operating projects run stably and comply with relevant discharge standards. By these means, the Company will be able to provide excellent water environment management services to communities and residents where the Company’s projects are located, and also to continue supporting the local sustainable development.”

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