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Economic News

Last updated: Wednesday, August 15, 2018

 

ADB, CEIL Group Facilitate Clean Waste Treatment in Vietnam

Posted: Monday, March 12, 2018

The Asian Development Bank (ADB) recently signed a US$100 million loan facility agreement with China Everbright International Limited (CEIL) to help a series of municipal waste-to-energy (WTE) plants in primary and secondary cities in the Mekong Delta. This initiative will be the first municipal WTE public-private partnership (PPP) project in Vietnam.

ADB’s assistance will support the construction and operation of a series of WTE plants with advanced clean technologies in multiple municipalities in Vietnam. Each WTE plant will treat municipal solid waste and supply electricity to the local electricity grid. CEIL will develop and invest in WTE subprojects in Vietnam to facilitate the harmless treatment, reduction, and reuse of household waste in the cities and produce clean electricity.

CEIL is one of the world’s leading integrated environmental protection companies with environmental protection projects spanning 18 provinces and municipalities in China. As of end of 2017, CEIL had 43 WTE projects in operation with a combined processing capacity of 39,100 tonnes per day and generation capacity of about 4,300 gigawatt-hours per year.

L.A








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