Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  National Grid plc    NG.   GB00B08SNH34

Delayed Quote. Delayed  - 08/26 05:35:06 pm
1074.5 GBp   -0.05%
08/27 NATIONAL GRID : Battery storage dominates UKs National Grid EFR tend..
08/27 NATIONAL GRID : Providence Place mall business disrupted by outages
08/26 NATIONAL GRID : ENERGY Moving ahead with electric aggregation
News SummaryMost relevantAll newsSector news 

National Grid plc : Bridgnorth gas pipe replacement reaches second phase

share with twitter share with LinkedIn share with facebook
share via e-mail
06/11/2013 | 07:53pm CEST

The work that National Grid has been carrying out since early May to replace a section of the gas main along the B4373 Bridgnorth to Broseley road is about to enter its second phase. For this phase of the work to be carried out safely, the temporary traffic lights that are currently being used will be removed and the road will close to through traffic completely for 16 weeks, starting on Monday 1st July.

While the road is closed, traffic will be diverted along the A458 toward Much Wenlock, and then right into the road known locally as Merrywell Lane, after which it will join the B4376 to Broseley. The diversion will be clearly signposted throughout.

The pipe that National Grid is replacing along the B4373 has developed several gas escapes over the past few months.  Engineers have considered carefully whether to repair or replace the pipe and have concluded that replacement is the best option.  The new sections of pipe will ensure that homes and businesses in the area continue to receive a safe and reliable gas supply for many years to come, and that further roadworks are unlikely to be needed along the road in the foreseeable future.

"We're sorry that we're going to have to close the busy B4373 for such a long period," said National Grid's head of network, Steve Murray, "but we really do believe that replacing the worn-out pipe is the right option. This is a non-standard size pipe and so repairing it would have needed parts to be specially made which would have taken several weeks.  But, installing a new pipe will,  provide a permanent and reliable solution."

National Grid is installing around one kilometre of new pipe, which is made from tough corrosion-resistant plastic, alongside the existing pipe. When the installation is complete, gas will be diverted from the old pipe into the new one, and the old pipe will be abandoned. The pipe is a key part of the National Grid gas network, and provides the gas supply to more than 7,000 homes and businesses in Bridgnorth.


Contact for media information only:
Jane Taylor
National Grid Media Relations

07785 220647

Out of hours duty press officer:
+44 (0) 1926 653000

For more information, please:

Follow us on Twitter
Watch us on You Tube
Friend us on Facebook
Find our photos on Flickr

Notes to Editors:

National Grid

National Grid (LSE: NG; NYSE:NGG) is an electricity and gas company that connects consumers to energy sources through its networks.  The company is at the heart of one of the greatest challenges facing our society - to create new, sustainable energy solutions for the future and developing an energy system that underpins economic prosperity in the 21st century.  National Grid holds a vital position at the centre of the energy system and we 'join everything up'. 

In Britain, we run the gas and electricity systems that our society is built on, delivering gas and electricity across the country.  In the North Eastern US, we connect more than seven million gas and electric customers to vital energy sources, essential for our modern lifestyles.

National Grid in the UK:
• We own the high-voltage electricity transmission network in England and Wales, operating it across Great Britain
• We own and operates the high pressure gas transmission system in Britain
• Our gas distribution business delivers gas to 11 million homes and businesses
• We also own a number of related businesses including LNG importation, land remediation and metering
• National Grid manages the National Gas Emergency Service free phone line on behalf of the industry - 0800 111 999 (all calls are recorded and may be monitored).

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on NATIONAL GRID PLC
08/27 NATIONAL GRID : Battery storage dominates UKs National Grid EFR tender results
08/27 NATIONAL GRID : Providence Place mall business disrupted by outages
08/26 NATIONAL GRID : ENERGY Moving ahead with electric aggregation
08/26 EDF, Vattenfall among winners of UK grid's first battery contracts
08/26 NATIONAL GRID : River Humber pipeline replacement project granted planning permi..
08/26 NATIONAL GRID : brings forward new technology with Enhanced Frequency Response c..
08/26 NATIONAL GRID : Elorza opposes LNG plan at Providence's Fields Point
08/26 NATIONAL GRID : Providence East Side, parts of West Warwick go dark in separate ..
08/25 NATIONAL GRID : Eversource and National Grid withdraw applications
08/25 NATIONAL GRID : SUPREME JUDICIAL COURT Pipeline ratepayer tax struck down Everso..
More news
Sector news : Multiline Utilities
08/26 EDF, Vattenfall among winners of UK grid's first battery contracts
08/25 Britain's Big Six energy suppliers stem customer exodus as prices rebound
08/22 CENTRICA : UK gas supply worries ease as storage site to open more wells for wit..
08/22DJE.ON Unit Earmarked for Spinoff Says Earnings Jump
08/20DJCHEUNG KONG INFRASTRUCTURE : Australia Blocks China, Hong Kong Investors -- WSJ
More sector news : Multiline Utilities
News from SeekingAlpha
08/24 Two major utilities pull out of Spectra pipeline project
08/20 Utilities Show 13 Of 50 'Safe' Top Dividend Dogs In August
08/19 SPKE Makes Top Utility Dog For August
08/03 BLOOMBERG : National Grid may soon auction off U.K. gas network stake
07/25 Big Infrastructure Investment To Improve Electric Vehicles' Marketability
Financials ( GBP)
Sales 2017 16 169 M
EBIT 2017 4 162 M
Net income 2017 2 401 M
Debt 2017 25 762 M
Yield 2017 4,13%
P/E ratio 2017 15,59
P/E ratio 2018 16,53
EV / Sales 2017 4,10x
EV / Sales 2018 4,07x
Capitalization 40 451 M
More Financials
Duration : Period :
National Grid plc Technical Analysis Chart | NG. | GB00B08SNH34 | 4-Traders
Full-screen chart
Technical analysis trends NATIONAL GRID PLC
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 17
Average target price 9,86  GBP
Spread / Average Target -8,2%
Consensus details
EPS Revisions
More Estimates Revisions
John Mark Pettigrew Chief Executive Officer & Executive Director
Peter Oliver Gershon Non-Executive Chairman
Andrew R. J. Bonfield Executive Director & Finance Director
Richard Adduci Chief Information Officer
Ruth Kelly Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ENGIE S.A.-12.22%39 068
SEMPRA ENERGY11.09%26 089
E.D.F.-18.34%25 423
PPL CORP1.55%23 503
More Results