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Ningyang City Solid Waste Incineration Power Plant Phase I

Sector: Biomass • Location: China

Source: World Bank Group

Project
Active

In April 2014, a local private company Anhui Shengyun Machinery Company Limited signed a BOT contract to finance, build and operate a solid waste incineration power plant in Ningyang City, Shandong Province. The total investment was US$ 43.62 million (RMB 271.6566 million) and Anhui Shengyun had a 100% stake in the project. Once completed the facility can process 500 tons of solid waste per day. T

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The project “Ningyang City Solid Waste Incineration Power Plant Phase I” is an infrastructure initiative in the Biomass sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Description

Description

In April 2014, a local private company Anhui Shengyun Machinery Company Limited signed a BOT contract to finance, build and operate a solid waste incineration power plant in Ningyang City, Shandong Province. The total investment was US$ 43.62 million (RMB 271.6566 million) and Anhui Shengyun had a 100% stake in the project. Once completed the facility can process 500 tons of solid waste per day. The plant had a power generation capacity of 9MW. The concession term was 30 years on top of 2 years of construction period. Construction commenced in May 2015. How Anhui Shengyun won the project was not reported. An SPV Ningyang Shengyun Environmental Protection Power Co., Ltd. was registered locally to implement the project.

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