Govt rejects responsibility for projects insolvency. But it is also facing claims from local authorities that it had been complicit in the collapse of the project.

In 2005, just before the crash, the South East Development Agency (SEDA), which had awarded the Battersea power station, asked local authorities for "substantial sums of money" for "in-utilities" and "renovations" of the plant in an attempt to save it.

But at the time, experts said this was likely a ploy to entice a Chinese investor into building a high speed line linking West London to South London.

In a report last month by Friends of the Earth, Mr Macpherson said that with power shortages and rising unemployment, "Battersea Point is already out of date, and in disrepair".

He warned that the plans to build at Battersea were so deeply flawed that the developers were "putting thousands of lives, billions of pounds, at risk".

He called for a full public inquiry into what he described as "abject failure" and urged the Secretary of State, Theresa May, to intervene.

The South East Development Agency said last night: "I would like to stress that we remain fully committed to the Battersea power station and its residents.

"We understand that this is a sensitive issue, but we are taking all appropriate steps to understand this decision and to ensure that we deliver a proper and transparent explanation and to act with respect for the local people that use the site.

"The power station still has an operating capacity, which is still meeting its own needs and the needs of its residents."

"The government's funding decisions on the Battersea Point power station remain in place," the agency added.

However, the council has since revealed that South East Energy and a major Chinese company will now take over the project, costing millions of pounds to rebuild and upgrading the power station.

SEDA head Mike Gower said the project was being funded using an "independent" model, as long as it achieved "objective" targets:

"All of the community groups involved have made the case that Battersea Point has demonstrated an extraordinary achievement under its current management, which it is critical the authority can deliver and show as a blueprint for future business plans."

"Battersea Point has shown that it can deliver an improved quality of life for both users and the surrounding community, while maintaining its existing vital services - particularly for the elderly and people living with disabilities."

It is being estimated that about 4,700 new homes will be built in South East London at Battersea Point.

A new business case will include an update on projects being completed, as well as an updat 
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Adelaide street mag rip it up to finish up in time for the election," she said.

"The problem with that election result â€” in my opinion â€” was not just the voters of Queensland that were misled by the election.

"Rather it was that they were misled by Malcolm Turnbull because of the damage done to the Abbott Government in 2015.

"It seems like the same thing is happening again and it will be the same in both of these elections."

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