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Zhuzhou Solid Waste Power Plant Phase I

Sector: Biomass • Location: China

Source: World Bank Group

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In January 2012, a Hong Kong based private company Jinliya Group signed an agreement to build and operate a solid waste power plant in Zhuzhou City, Hunan Province following an open bidding process earlier in May 2008. The concession term was 30 years before the plant was transferred to the local government. The capacity of the plant was 2X12 MW . The total investment was RMB 504.69 million (US$ 7

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The project “Zhuzhou Solid Waste 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 January 2012, a Hong Kong based private company Jinliya Group signed an agreement to build and operate a solid waste power plant in Zhuzhou City, Hunan Province following an open bidding process earlier in May 2008. The concession term was 30 years before the plant was transferred to the local government. The capacity of the plant was 2X12 MW . The total investment was RMB 504.69 million (US$ 79.98 million) but the figure for phase I was unknown. Construction of the 1st phase commenced in May 2012. The capacity of the Phase I was 2X12 MW. Zhuzhou City Jinliya Environmental Protection Tech. Co., Ltd. was established to run the project with a registration capital of RMB 120 million (which should be above 25% of the total investment for Phase I, therefore Phase I should be taken as financially closed).

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