Everbright Water secures Xinyi PPP Wastewater treatment projects

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Everbright Water secures Xinyi PPP Wastewater treatment projects

China Everbright Water Limited, the subsidiary of China Everbright focused on integrated environmental water services, has announced that it has entered into a joint venture agreement with Xinyi municipal government to establish the special purpose vehicle Xinyi PPP project company.

Everbright Water and Xinyi municipal government will hold equity stake of 51% and 49% respectively in Xinyi PPP project company, which will be responsible for the operation of Xinyi waste water treatment PPP projects in Jiangsu Province, China.

The total investment of the waste water projects is approximately CNY300 million (US$45.67 million), with designed waste water treatment capacity of 90,000 m3. The projects are the following:

  • The existing Xinyi City Waste Water Treatment project and its upgrading project
  • The existing Xinyi Economic Development Zone Waste Water Treatment project Phase I
  • The Phase II expansion project

Xinyi City Waste Water Treatment Project which commenced operation in 2001 has a designed daily waste water treatment capacity of 70,000 m3. It is currently operated and managed by Xinyi municipal government. The concession period of the project is 25 years.

Xinyi Economic Development Zone Waste Water Treatment Project Phase I was a Build - Transfer (BT) project secured by Everbright Water in 2010. It was designed to have a daily waste water treatment capacity of 10,000 m3. The project was handed over to Xinyi municipal government in the same year upon completion of its construction works.

Phase II expansion project is designed to have a daily waste water treatment capacity of 10,000 m3 and to comply with the National Grade 1A water discharge standard. The concession period of the project is 25 years.

Mr. Wang Tianyi, Executive Director & Chairman of Everbright Water, said:

“Everbright Water started the cooperation with Xinyi municipal government since the Xinyi Economic Development Zone Waste Water Treatment BT Project. Winning the bid for the Xinyi PPP projects with a leading score reflects the strength of Everbright Water, and also underscores the recognition by Xinyi municipal government on Everbright Water’s high-quality, high-standard and high-tech engineering projects, as well as its pragmatic and efficient management style.

The cooperation between Everbright Water and Xinyi municipal government will be further strengthened. In addition to the pursuit of economic efficiency, we will pay attention to environmental and social benefits, so as to contribute to the environment, economic and social development of Xinyi city.”

List of country news

Country news

  • June 09, 2016

    Guangdong Investment announces road PPP award

    Guangdong Investment Limited,  a group engaged, among other, in water resources and infrastructure, has recently announced that it has entered into cooperation agreement with the Xiegang Government for the development of certain public roads projects on a PPP basis in Dongguan, Guangdong Province, China. Read more
  • June 08, 2016

    Beijing Enterprises Water Group adds 22 new PPP projects with capacity of 1,206,100 tons/day

    Beijing Enterprises Water Group has recently announced that it has signed 22 project contracts with a total designed capacity of 1,206,100 tons/day in China. Read more
  • June 07, 2016

    Beijing Capital Co. signs water PPP in China

    Beijing Capital Company, Linyi Municipal Environmental Protection Bureau and Agriculture, Forestry and Water Development Co. have recently signed the franchised operation agreement for the development of two water purification plants PPP projects in Linyi, China. Read more
  • June 01, 2016

    Everbright International wins Shandong Jinan Waste-to-energy Plant Expansion Project

    China Everbright International Limited has won the bid for Shandong Jinan No.2 Household Waste Integrated Treatment Plant Waste-to-energy expansion project in China.  Read more
  • May 30, 2016

    China Railway Construction Corporation wins two rail PPPs

    The Wuzhong - Zhongwei rail PPP project involves an estimated investment of CNY13,615 million (US$2.07 billion), of which the construction cost is CNY9,592.49 million. Ningxia Railway Investment will hold 70% equity of the project, while the remaining 30% will be held by CRCC. The expected construction period of the project is 28 months. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.