China In-Focus: Tri-Tech Holding Wins $3.7 Million Contract
March 12, 2010 (FinancialWire) — Tri-Tech Holding Inc. (NASDAQ: TRIT), a Chinese company that engineers, manages and monitors municipal sewer systems, natural waterways and other water resources, said that it has received a RMB25.4 million (roughly $3.7 million) Build-Transfer contract for construction of a residential solid waste sanitary landfill for Xinle City, Hebei province.
Tri-Tech will build the plant and transfer ownership to Xinle City. This landfill will be 100% funded by governmental investment, according to Tri-Tech.
The contract covers landfill site construction engineering and design, underground water monitoring, leachate drainage system, landfill gas pipe system and site closure cover system. The project will utilize an enhanced sanitary landfill process, combined with a composite impervious system, and a geosynthetic clay liner with high-density polyethylene geomembrane to protect underground water resources and the environment.
Tri-Tech said it expects to complete construction and transfer the landfill to Xinle City by November.
China-based Tri-Tech designs customized sewage treatment and odor control systems for China’s municipalities and its larger cities.
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