Dunedin City Council-owned company Delta has picked up a $22
million Christchurch City Council contract - a move hailed as
good news for ratepayers in both cities.
Delta is confident of being paid a ''significant portion'' of
a potential bad debt, worth millions of dollars, Dunedin City
Holdings Ltd chairman Graham Crombie says.
Dunedin City Council-owned company Delta has launched an
internal investigation as complaints continue following this
week's unscheduled power outage.
The Dunedin City Council must share the blame for
multimillion-dollar losses incurred by Delta from its failed
property investments at Jacks Point and Luggate, Mayor Dave
Delta infrastructure company has been making some changes to
improve Dunedin's electricity network. The work is part of a
$20 million upgrade of the Aurora Energy network in Dunedin
to replace cables installed in the 1960s.
Infrastructure company Delta is planning another mass auction
of vehicles and equipment as it moves to wind up its civil
Two jobs have been saved, but 38 will still go after
infrastructure company Delta yesterday confirmed the details
of redundancies within its Dunedin operation.
The jetsam of Delta's unsuccessful expansion drive are
washing up online, as the company sells off the remains of
its failed Christchurch civil construction business.
Up to 76 jobs will be lost with confirmation Dunedin City
Council's infrastructure company, Delta, is axing its entire
civil construction business.
Fresh criticism of Delta's failed attempt to sell its
Christchurch civil construction business has sparked a war of
cars for sale
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