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Thames Water Utilities Ltd, trading as Thames Water, is a British private utility company responsible for the water supply and waste water treatment in most of Greater London, Luton, the Thames Valley, Surrey, Gloucestershire, north Wiltshire, far west Kent, and some other parts of England; like other water companies, it has a monopoly in the regions it serves.
The water industry was privatised in 1989, according to the Conservative government's programme. The water privatisation in England and Wales involved the transfer of the provision of water and wastewater services in England and Wales from the state to the private sector in 1989, through the sale of the ten regional water authorities (RWA). [1]
In 1989 the Thames Water Authority was partly privatised, under the provisions of the Water Act 1989 [3] with the water and sewage responsibilities transferring to the newly established publicly quoted company of Thames Water, and the regulatory, land drainage and navigation responsibilities transferring to the newly created National Rivers Authority which later became the Environment Agency.
The utility giant is struggling under a £14 billion debt pile it has accrued since it was privatised in 1989 and could now potentially be taken into public ownership if further investment is not ...
Ownership subsequently passed to the Thames Water Authority, before being re-privatised in the 1980s. Today, the population of Greater London is supplied by four private companies: Thames Water (76% of population), Affinity Water (14%), Essex and Suffolk Water (6.6%) and SES Water (3.7%). [1]
Public water supply and sanitation in England and Wales has been characterised by universal access and generally good service quality. In both England and Wales, water companies became privatised in 1989, although Dwr Cymru operates as a not-for-profit organisation. Whilst independent assessments place the cost of water provision in Wales and ...
However, when Thames Water was privatised in 1990 as a result of the Water Act 1989, the river management functions passed to the new National Rivers Authority and in 1996 to the Environment Agency. [36]
Water privatisation in Jakarta began when the British water company Thames Water entered into an agreement with the son of then-President Suharto in 1993 to obtain a water concession. Under the influence of the French water company Suez, however, the government decided to split the city's service area between the two companies.