In Hong Kong, China Everbright International Limited announced that it has won a bid for a waste-to-energy project in Ma’anshan City of Anhui Province. Everbright will set up a joint venture company with Ma’anshan Urban Development Investment Group for the construction of the Project on a build-operate-transfer basis, and both parties will own a 50% equity interest in the venture. The total daily waste processing capacity of Ma’anshan Project is 1,200 tonnes, and it will be built in two phases.
The Project Phase I is designed to have a daily waste processing capacity of 800 tonnes, with a total investment of approximately RMB450 million. Its gas emission will comply with the Euro 2000 Standard. The concession period of the Project is 30 years and it is expected to generate approximately 100 million kWh of green electricity each year.
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