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Trans-Caledon Tunnel Authority (TCTA) is a state-owned entity mandated by the Minister of Water Affairs to implement and fund raw bulk water infrastructure. TCTA implements projects, from the development of economically sustainable funding models; to the design and implementation of environmental management and socio-economic strategies; through to the design of cost-effective and environmentally-sound infrastructure. In the past year, the Trans-Caledon Tunnel Authority has performed remarkably well - reaching significant milestones with two of its flagship projects, the Berg Water Project (BWP) and the Vaal River Eastern Subsystem Augmentation Project (VRESAP). TCTA has also been mandated to undertake four new projects; funding and implementation of phase two of the Mooi-Mgeni Transfer Scheme (MMTS-2), the Komati Water Scheme Augmentation Project (KWSAP), phase two of the Olifants River Water Resource Development Project (ORWRDP-2) and the Mokolo Crocodile Water Augmentation Project (MCWAP). TCTA has remained a preferred borrower in the domestic and international money markets despite the economic meltdown. Both BWP and VRESAP maintained their excellent Fitch credit rating of ZAF AA+. The BWP also won 4 excellence awards in this financial year. Namely: - The international Association for Environmental Impact Assessment South Africa's Award for excellence in environmental management in project execution
- The Consulting Engineers South Africa's Glenrand MIB Award for Engineering Excellence
- The South African Institute of Civil Engineering Technical excellence Award; and
- Construction World Best Project 2008 Award in both public and private partnership.
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