Development consent has been granted by the Government for the Thames Tideway Tunnel to be developed.
The tunnel will run from the Acton Storm Tanks in West London to the Abbey Mills pumping station in East London, with a storage capacity of 1,250,000 cubic metres.
Construction is expected to start in 2016 and be completed by 2023.
Communities Secretary Eric Pickles said: "This is a challenging infrastructure project, but it is clear that the Thames Tunnel will help modernise London’s ageing Victorian sewerage system, and make the River Thames cleaner and safer."
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