LEI 1.67% $20.71 leighton holdings limited

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    Leighton Holdings Limited (ASX:LEI) says its Victorian desalination plant has hit a key commercial milestone just weeks after it started to produce drinking water. 


     


    The construction company has now achieved Preliminary Commercial Acceptance for the project which has also passed preliminary commissioning tests to ramp up water production.


     


    Leighton says the plant and its infrastructure have met the stringent requirements of the Victorian Government, demonstrating the capacity to deliver water into Melbourne's water system. 


     


    Leighton’s subsidiary Thiess, as part of a joint venture, is designing and constructing the plant which is expected to be operating at full capacity by the end of this year. 


     


    Leighton Holdings generated a net profit of $106 million in the first half of the 2012 financial year.

 
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Currently unlisted public company.

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