Veolia announces Thames Water renovation deal

31st May 2013, Comments 0 comments

The water services division of utilities giant Veolia Environnement said on Friday that with a consortium it had won a contract worth 3.0 billion pounds (3.5 billion euros, $4.6 billion) from the London area group Thames Water.

Veolia said that the deal was the biggest of its type in Europe.

The contract covers the renovation of infrastructure including work on water pipes.

Also involved in the contract are British groups Costain and Atkins.

For Veolia, the contract involves the water arm Veolia Eau and should be worth up to 450 million pounds from 2015 to 2020, Veolia said.

The work will also involve design and construction, work on the sewer system and on water-treatment plants.

© 2013 AFP

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