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China Everbright Water-Led Consortium Bags Bid for Water Plant Construction Project

MT Newswires10-14

China Everbright Water (SGX:U9E, HKG:1857) said a consortium it formed with certain other parties won the bid in the public tender for a reusable water plant and ancillary pipeline network concession project.

The consortium will form a joint venture company to undertake the project once a formal agreement is entered into between the parties, a Wednesday bourse filing showed.

The project involves the investment, financing, construction, operation, and maintenance of a reusable water plant with a designed daily treatment capacity of 150,000 cubic meters.

The consortium will also construct and operate an ancillary waste water pipeline network of 13.4 kilometers, an ancillary reusable water pipeline network of 3.7 kilometers, and plant access roads and bridges.

The project will have a two-year construction period and a 38-year operating period.

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