China Everbright Greentech Limited has been awarded two waste processing and biomass projects in China. The company has secured the Zhejiang Songyang Hazardous Waste Integrated Treatment Project and the Jiangsu Feng County Integrated Biomass and Waste-to-Energy Project with a total investment of approximately RMB700 million (US$102.2 million).

The Zhejiang Songyang hazardous waste integrated treatment project is located in Songyang County of Lishui City, Zhejiang Province in China. It involves the construction and operation of a facility designed for the disposal of sludge generated from the stainless steel industry. The facility will process up to 100,000 tonnes of hazardous waste annually. The project will be invested in and constructed based on a BOO (Build-Operate-Own) model for an operation period of no less than 50 years.

The Jiangsu Feng County integrated biomass and waste-to-energy project involves the development of a power plant that can process up to 1,000 tonnes of daily household waste and generate up to 115 GWh of power annually. The project will be invested in and constructed based on a BOT (Build-Operate-Transfer) model for a concession period of 30 years. Its gas emissions will fully comply with relevant national standards, with the daily average level of online monitored gas emissions superior to the Euro 2010 Standard.