Hochtief JV to Deliver London Power Tunnels Project
A Hochtief joint venture has been awarded with a 460 million euros contract to deliver the second phase of the London Power Tunnels (LPT2) project.
A 32.5 Kilometres Tunnel for the Energy Supply of London
Starting in March 2020, this six-year project will see the construction of a 32.5 km tunnel for the energy supply of London. The project has been developed to minimise disruption for Londoners, eliminating the need to dig up the existing cable infrastructure, which is now 50 years old and reaching the end of its life.
Executive Director, Nicola Shaw from National Grid says: “This contract award is a major milestone in the next phase of the London Power Tunnels project and will help ensure the capital has secure, reliable access to electricity to meet the energy demands of the future.”
For this project, Hochtief has set up a 50:50 joint venture with J. Murphy & Sons Ltd. The two companies have a strong joint track record delivering projects such as the Channel Tunnel Rail Link C320 and the Crossrail C310 Thames Tunnel project.