Hong Kong’s China Everbright signs new waste-to-energy deal

Hong Kong-based environmental services provider China Everbright International has announced that it has signed a concession agreement for a household waste-to-energy project with the People's Government of Taikang County, Henan Province.

The group will invest in the construction of the Taikang waste-to-energy project, which is the third waste-to-energy project that Everbright International has secured in Henan Province after acquiring the Xinzheng Waste-to-energy Project and the Lankao waste-to-energy Project. 

The Taikang project will be constructed on a BOO (Build-Operate-Own) basis for 30 years, the group said. It has a designed daily household waste processing capacity of 1,050 tonnes and will be constructed in two phases. The amount to be invested in Project Phase one will be approximately RMB400 million (€53m).

Phase one is expected to have a daily household waste processing capacity of 700 tonnes and will generate approximately 85,890,200kWh of green electricity annually. Its gas emissions will fully comply with the Euro 2010 Standard, Everbright said in a statement.

Taikang County is located in the southeast of Henan...