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DEFRA unveils plans to strengthen Ofwat’s licence powers

The Department for Environment, Food and Rural Affairs (DEFRA) has finally revealed details of its plans to strengthen Ofwat’s powers to amend licence conditions - based on the model currently used by Ofgem. In response, water companies have warned that the potential instability caused by the changes - set out in an update on progress towards the introduction of the Environment Bill - could deter investors.

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