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Wuzhong Chengnan Wastewater Treatment Facility
Works are underway for capacity expansion and facility upgrade at Hankore projects to raise return on investment to be on par with projects inherited from China Everbright International.
Water is removed from wastewater in this building at the Wuzhong Chengnan wastewater treatment facility.The Hankore plant we visited was its Wuzhong Chengnan waste water treatment project in Suzhou.
This is a sizable project with total project capital expenditure of between Rmb 700 million to Rmb 800 million for a daily capacity of 150,000 cubic meters.
The government has contracted a minimum offtake for this plant of 120,000 cubic meters a day. Construction was divided into 2 phases, each with capacity for 75,000 cubic meters a day.
Phase 1, which commenced operations in January 2009, was completed with capital expenditure of Rmb 558 million.
Phase 1, which commenced operations in January 2009, was completed with capital expenditure of Rmb 558 million.
Phase 2 has been under construction since 15 October last year.
Capacity expansion will be completed in May with commercial operation slated for July.
The capex for phase 2 is Rmb 180 million, mainly for the installation of equipment like pumps and filters for capacity to treat 75,000 cubic meters of wastewater a day.
The entire plant was being upgraded: Concrete covers were built over wastewater wells to prevent the odour from polluting the environment, especially important if a plant was within walking distance of residential precincts.
The plant's wastewater discharge standard was also being upgraded from 1B to 1A. Upgrading works will be completed in November 2015.
The analysts, NextInsight and Shares Investment had Q&A sessions with the manager of each plant visited.
