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Article: SEVERN TRENT PLC - OFWAT Publishes Draft Determination.
- Article from:
- PR Newswire UK Disclose
- Article date:
- July 23, 2009
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Ofwat publishes Draft Determination
Severn Trent Water has today received Ofwat's Draft Determination for the
period 2010 to 2015 ("AMP5").
Tony Wray, Chief Executive, said: "The Draft Determination is a complex
document and there is a lot of detail to consider. We will be carefully and
thoroughly reviewing all of its content and conclusions before responding to
Ofwat in September 2009. This is the next step in our process and formal
representations in preparation for the Ofwat Final Determination in November
2009."
The Draft Determination responds to the Final Business Plans submitted by all
water companies in April 2009. Our plan includes key ...