Shandong Zhucheng Waste-to-energy Plant Phase I

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The project involves the development, construction and operation of phase I of Shandong Zhucheng Waste-to-energy Plant, located in Zhucheng, Shandong Province of China. The project will be designed with a daily household waste processing capacity of 1,000 tonnes and will be constructed in two phases. Phase I will have a capacity of 500 tonnes/day (182,500 tonnes/year). It will be equipped with a 500 tonnes/day grate furnace and a 12MW turbine power generator. It is expected to generate on-grid electricity of 74 million kWh annually. China Everbright International Ltd is one of the sponsors with an 80% stake. The other(s) is/are not disclosed. The concession agreement on a BOT (Build-Operate-Transfer) basis is for a period of 30 years, which includes the construction period. The project cost is approximately CNY 374 million or $ 52.3 million. Financial close was reached on 3 October 2019. https://www.ebchinaintl.com/en/media/news_content-p191003.html