Mayfield Line Completed
Approaching Christmas Eve the final BCI Scheme line has been completed and water is being delivered to all customers. Installation work will continue in the new year to accommodate extensions to the original network.
Approaching Christmas Eve the final BCI Scheme line has been completed and water is being delivered to all customers. Installation work will continue in the new year to accommodate extensions to the original network.
After signing a contract with the Joint venture BCI Scheme Trustpower Limited had 12 months to install the pumping equipment required to deliver the first three cumecs of water to the RDR for use by BCI customers. Trustpower Limited met that contract date and delivered the first Rakaia River water on 23 December 2010. Prior to pump commissioning BCI customers demand has been met by surplus RDR water.
Shareholders on the Buccleugh Line had access to water today after the completion of that infrastructure.
Shareholders on the Highbank Line had access to water today after the completion of the final works on the pipeline and buffer pond.
Water flowed from the RDR to the first of the scheme ponds today. The Methven Line pond will be progressively filled over the next week and the pipe line should be operational by 15 Oct.
Shareholders are reminded of the annual meeting to be held 7.30pm, Tuesday 28 September, at Methven Resort, Main Street, Methven. A cash bar will follow. The audited financial statements to 31 March 2010 are posted on the capital raising page.
Water flowed through the Acton Scheme fish screen and race today. Although there is no demand for irrigation with the wet weather, this action gives effect to the entire BCI consent one day prior to lapsing.
The Acton capital raising was very successful with support for close to the maximum 3,000l/s delivery.
Today a prospectus was registered to raise capital for Acton Farmers Irrigation Cooperative Limited. The capital will be used to secure the licence for the BCI water and prepare to buy the scheme from the Rooney Group. Documentation is available on the Acton Development page.
