The European Investment Bank has agreed to provide a £700 million loan for the £4.2 billion Thames Tideway Tunnel, the biggest infrastructure project ever undertaken by the UK water industry.
Critics have once again raised questions about the case for the £4.2 billion Thames Tideway Tunnel as part of an ongoing campaign to bring about an end to the project.
Mott MacDonald is designing the eastern section of the Thames Tideway Tunnel on behalf of a joint venture of Costain Ltd, VINCI Construction Grands Projets and Bachy Soletanche.
Global infrastructure services company AECOM has announced today it has been formally appointed as the lead design consultant for the central section of the Thames Tideway Tunnel in London, one of three major work packages on the scheme.
A meticulous maritime operation on the Thames has signalled the start of construction work for the £4.2 billion Thames Tideway Tunnel.
Ofwat has today published a paper explaining the reasons behind its decision to grant a Waiver Notice to Infrastructure Provider Bazalgette Tunnel Ltd on procurement provisions for a number of contracts related to Thames Water £4.2 billion Tideway Tunnel project.
The Government Legal Department (GLD) has announced the successful completion of the £4.3 billion contract for the Thames Tideway Tunnel, describing the government support package for the Tunnel as designed “to remove project risks that private sector investors would not have been prepared to take.”
Thames Water has announced that construction of the £4.2 billion Tideway Tunnel will start next year following the confirmation of independent investors to finance and deliver the scheme.
Bazalgette Tunnel Ltd has been formally designated as the Infrastructure Provider for the Thames Tideway Tunnel project.
In its Annual Review for England and Wales 2014/15 published today, the Consumer Council for Water has described the 2014 Price Review as a “victory for the voice of the customer”, but warned that bills for Thames Water customers will be inflated by the cost of building the Thames Tideway Tunnel, with further increases in the pipeline.