Tonglu Fuchun Wastewater Treatment Plant Phase I and II Rehabilitation Project

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In January 2015, a private local company Jiangsu Welle Environmental Protection Technology Co., Ltd. on a bid to operate and upgrade Tonglu Fuchun Wastewater Treatment Plant Phase I and II in Tonglu County, Zhejiang Province. Welle paid RMB 100 million (US$ 16.32 million) to acquire the concession to run the facilities and would pay RMB 90 million (US$ 14.69 million) for upgrading them. The concession term was 25 years. The capacity of the plant was 60,000 tons per day (20,000 tons per day for phase 1 and 40,000 tons per day for phase 2). Welle had a 100% stake in the facilities.