Jiangsu Huaiyin Urban-Rural Integration Project

project signed

The project involves the development of the two following facilities:- Huaiyin Waste-to-energy project, which has a designed daily household waste processing capacity of 1,000 tonnes and will be constructed in two phases. Phase I has a daily household waste processing capacity of 500 tonnes with a total investment of RMB250 million (US$38.6 million). The project will be constructed on a BOO (Build-Operate-Own) basis with a concession period of 30 years. The project is expected to generate approximately 57,000,000 kWh of green electricity annually.- Huaiyin Biomass Power Generation project, which will be constructed in two phases as well. The total investment of Phase I is approximately RMB240 million (US$37 million), with a designed annual agricultural waste and straw processing capacity of 150,000 tonnes and will be equipped with a 75t/h furnace and an 18 MW power generator to generate 107,500,000 kWh of green electricity annually by mainly using agricultural waste and straw in Huaiyin and adjacent areas for power generation.