SIIC Environment inks upgrading and expansion for 50,000-tonne project
Two of the projects will extend their concession period.
SGX-listed water protection firm, SIIC Environment, signed an agreement for the expansion and upgrade of its two projects.
Its indirect subsidiaries, SIIC Environment Holdings and United Water Holdings Limited, inked a deal to upgrade and expand of Zaozhuang City Shanting District WWTP Project with the People’s Government of Shanting District, Zaozhuang City.
The two projects include the Zaozhuang City Shanting District WWTP Center Project, which has a designed capacity of 20,000 tonnes per day and has been in commercial operation.
“The agreement states that the discharge standard will be upgraded from Class I Standard A to Quasi Grade IV, and the concession period of the project will be extended,” read the statement.
The other project, Zaozhuang City Shanting District WWTP Reconstruction and Expansion Project, has a concession period of 30 years. It has a designed capacity of 30,000 tonnes per day and a discharge standard as Quasi Grade IV.