UK regulator proposes $33 million enforcement on South West Water

(Reuters) -British water regulator Ofwat said on Thursday that it has proposed a 24-million-pound ($32.7 million) enforcement package on South West Water for "failures in managing its wastewater treatment works and network".

Pennon, which owns the South West Water utility, said in a separate statement it would work on reducing spills and address environmental pollution by 2030 under the enforcement package, which was in lieu of penalty of 19 million pounds.

($1 = 0.7348 pounds)

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Janane Venkatraman)