An article in this morning’s South China Post says that Chinese companies are increasingly pursuing investment opportunities in big British infrastructure projects – including the water and wastewater sector.
An independent, public examination of Thames Water’s detailed proposals for the Thames Tideway Tunnel will commence after Easter, it was confirmed yesterday.
Thames Water has drawn up the final shortlist for the new alliance to deliver its AMP6 investment programme, worth up to £3 billion.
Thames Water is coming under ongoing pressure with regard to the funding needed to financé the costs of building the Tideway Tunnel – last week MP Simon Hughes and format Ofwat Director-General Sir Ian Byatt questioned the proposals, while articles in the Guardian, the Times and the Financial Times also flagged up serious concerns on the subject.
Thames Water is launching a preliminary consultation with major tier 1 contractors to inviting them to put forward proposals for the procurement of the £4.1billion Thames Tideway Tunnel project.
With the capital officially in drought after two years of below-average rainfall, the London Assembly will today examine what is being done in the short and longer term to ease pressure on limited water supplies.
The BT Pension Scheme has bought a 13 per cent stake in Kemble Water, the Thames Water holding company, from funds managed by Australian investment bank Macquarie.
Veolia Water Solutions & Technologies will design and build an extension to the existing Sludge Pasteurisation Plant at Thames Water’s Mogden Sewage Treatment Works.
Mayor of London Boris Johnson has written a letter to Thames Water outlining his concern about the projected cost of the Thames Tunnel.
Drainage specialist Lanes Group has been awarded a £216 million contract by Thames Water to provide waste water network services for at least three years.