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Cuu Yen Waste-to-Energy Plant

Sector: Manufacturing (Industrial) • Location: Vietnam

Source: World Bank Group

Project
Active

The project entails the development of a 11.6 MW waste-to-energy plant in Thuan Thanh district, Bac Ninh province, 40km east of Hanoi. It has a planned capacity of 350 tonnes per day of municipal solid waste and up to 150 tonnes per day of non-hazardous industrial solid waste. The total cost of the project is $ 74 million. Thuan Thanh Environment (Vietnam) – 60%, and JFE Engineering, a subsidiary

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The project “Cuu Yen Waste-to-Energy Plant” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Vietnam. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the development of a 11.6 MW waste-to-energy plant in Thuan Thanh district, Bac Ninh province, 40km east of Hanoi. It has a planned capacity of 350 tonnes per day of municipal solid waste and up to 150 tonnes per day of non-hazardous industrial solid waste. The total cost of the project is $ 74 million. Thuan Thanh Environment (Vietnam) – 60%, and JFE Engineering, a subsidiary of JFE Holdings (Japan) – 40%, are jointly developing the waste-to- energy plant. They provided an equity amount of $ 44 million $ 26.40 million and $17.60 million, respectively. Debt provider is the IFC, which provided $ 30 million. Debt to equity ratio is 41:59. Financial close took place on December 16th, 2021. https://ijglobal.com/data/transaction/52225/cuu-yen-waste-to-energy-plant-116mw

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