StockMarketWire.com - Morgan Sindall Group, the construction and regeneration group, has announced that its construction and infrastructure division, Morgan Sindall, has been appointed to deliver the western section of the Thames Tideway Tunnel, or 'super-sewer', in a joint venture with BAM Nuttall and Balfour Beatty Group.

The project is valued at £416m to the joint venture.

The £4.2bn Thames Tideway Tunnel is currently the largest infrastructure project to be undertaken by the UK water industry and will tackle sewage pollution in the tidal River Thames.

The project builds on the successful delivery of the pioneering Lee Tunnel, due for completion later this year, which Morgan Sindall is currently constructing in a joint venture.

The Thames Tideway Tunnel project aims to greatly reduce the 39m tonnes of untreated sewage that currently flows into the tidal River Thames in a typical year and will upgrade London's sewerage system to cope with the demands of the city well into the next century. The seven-year project is due to begin next year.

John Morgan, chief executive, Morgan Sindall Group plc, said: "Morgan Sindall plc has a very strong track record in complex infrastructure projects of this magnitude and we will be bringing this experience to bear as we deliver vital improvements to London's infrastructure.

"We are delighted to be working with Bazalgette Tunnel Limited and our joint venture partners to create a cleaner and healthier River Thames for generations to come."


At 9:13am: [LON:MGNS] Morgan Sindall PLC share price was -1p at 819p



Story provided by StockMarketWire.com