28 May 2020
Everbright Water Secures Shandong Dezhou Lingcheng Waste Water Treatment Project (Plant 2) Expansion
Singapore and Hong Kong, 28 May 2020 – China Everbright Water Limited ("Everbright Water" or the "Company", stock codes: U9E.SG and 1857.HK) (中国光大水务有限公司), an environmental protection company focusing on water environment management, is pleased to announce that the Company has recently signed a supplementary agreement with Lingcheng District Government of Dezhou City, Shandong Province, to secure Dezhou Lingcheng Waste Water Treatment Project ("Lingcheng Project") (Plant 2) Expansion, with an investment of approximately RMB130 million.
Lingcheng Project (Plant 2) Expansion will be invested in, constructed, operated and maintained based on a BOT (Build-Operate-Transfer) model. Its concession period will expire concurrently with Lingcheng Project (Plant 2). In addition to a designed daily waste water treatment capacity of 30,000 m3, Lingcheng Project (Plant 2) Expansion will have a designed daily defluoridation capacity of 60,000 m3 and a sludge reduction facility. Majority indicators of the discharged water will comply with the national Grade 1A standard according to the Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant (GB18918-2002) ("national Grade 1A standard"), with the rest indicators stricter than the national Grade 1A standard.
Lingcheng Project (Plant 2) has been operating smoothly for nearly 10 years, with a designed daily waste water treatment capacity of 30,000 m3. In 2018, Lingcheng Project (Plant 2) completed its upgrading works, following which some indicators of its discharged water have been outperforming the national Grade 1A standard while the rest continuing subject to the national Grade 1A standard.
Securing Lingcheng Project (Plant 2) Expansion signifies the enhancement of cooperation between Everbright Water and Dezhou City in the area of water environment management. It also shows that the Company’s business strength, quality and brand are well recognised and supported by the local government authorities and the public. Everbright Water currently invests in and holds a total of 9 waste water treatment and waste water pipeline network projects, which have a total designed daily waste water treatment capacity of 240,000 m3. Looking forward, the Company will proactively leverage on the economies of scale and synergies from these projects to provide water treatment services with better quality and higher efficiency. By these means, Everbright Water will better fulfill the waste water treatment demand of Dezhou City, facilitate the improvement of water quality of the river transect of Hai River basin in the city, and also continue improving the quality of local water environment and living environment.