CITIC Envirotech Ltd. has announced that it has secured a CNY134 million (US$19.7 million) public-private partnership contract to design, construct and operate a 45,000 m3/day municipal wastewater treatment plant in Maoming City, Guangdong Province, China.
A project company, CITIC Envirotech Water Resource (Maoming) Co., Ltd, will be set up to undertake the project. CEL will own 70% of the project company, while the local government will own the remaining 30%.
Construction will commence immediately and is scheduled to be completed in one year. The project comes with a service concession of 30 years with guaranteed and fixed revenue as well as minimum offtake.
Country updates
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June 12, 2018
CITIC Envirotech has secured financing for the development of the project
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June 12, 2018
CITIC Envirotech has been recently awarded the development of the project
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June 08, 2018
Everbright Greentech has received approval for subsidies of RMB37.63 million (US$37.6 million)
China Everbright Greentech Limited has recently announced that the Company's Anhui Huaiyuan Integrated Biomass and Waste-to-energy Project and Fengyang Integrated Biomass and Waste-to-energy...
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June 06, 2018
China Everbright Greentech Limited has announced that the Company recently secured the development of the project
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May 28, 2018
China Everbright International has signed a 25-year concession contract for Phase II and the effluent defluoridation phase of the project, which together have a total investment of approximately CNY158 million (US$24.6 million)
China Everbright International has signed a 25-year concession contract for Phase II and the effluent defluoridation phase of the project, which together have a total investment of approximately CNY158 million (US$24.6 million). As part of the agreement, the concession period of Phase I will be extended to expire at the same time as these other phases
