The China Everbright International Limited has signed Danzhou Waste-to-energy Project (Danzhou Project) in Hainan Province and Yongzhou Eastern Waste-to-energy Project (Yongzhou Eastern Project) in Hunan Province, with a total investment of approximately RMB1.087 billion (US$150 million)
Danzhou Project will be invested in and constructed on a BOT (Build-Operate-Transfer) model for a concession period of 30 years (construction period inclusive). With a total designed daily household waste processing capacity of 1,500 tonnes, the project will be mainly responsible for processing the household waste generated from the administrative areas of Danzhou City and the Yangpu Economic Development Zone. Phase I of the project has a designed daily waste processing capacity of 1,000 tonnes, with an investment of approximately RMB640 million. It will be equipped with two of Everbright International's self-developed 500 tonnes/day mechanic grate furnaces and one 25 MW turbine power generator. The project is expected to generate approximately 126,000,000 kWh of green electricity annually. The gas emissions will comply with The Letter of Hainan Ecology and Environment Bureau on Opinions regarding Pollutant Emission Standards of New and Expanded Household Waste-to-energy Projects (No.991 Letter on Environment, Hainan Province [2018]), with the daily average level of online monitored gas emissions superior to the Euro 2010 Standard.
Yongzhou Eastern Project will also be invested in and constructed on a BOT model for a concession period of 30 years (construction period inclusive). With a total designed daily household waste processing capacity of 900 tonnes, the project will be mainly responsible for processing household waste in Ningyuan, Lanshan and Xintian counties. Phase I of the project has a designed daily waste processing capacity of 600 tonnes, with an investment of approximately RMB447 million (US$65 million). It will be equipped with two of Everbright International's self-developed 300 tonnes/day mechanic grate furnaces, one 12 MW turbine power generator and one 15 MW power generator. The project is expected to generate approximately 92,000,000 kWh of green electricity annually. Its gas emissions will fully comply with relevant national standards and the daily average level of online monitored gas emissions will be superior to the Euro 2010 Standard.
In addition, the Group has recently secured Suqian Food Waste Treatment Project (Suqian Food Waste Project) Phase II in Jiangsu Province. With a designed daily processing capacity of 100 tonnes and an investment of approximately RMB41.2 million (US$6 million), Suqian Food Waste Project Phase II is an expansion project based on Suqian Food Waste Project Phase I. Following completion of the project construction works, Suqian Food Waste Project's total daily processing capacity will reach 200 tonnes, which will satisfy food waste treatment demands in the urban areas of Suqian City and Sihong County.
