ZR TD water pouring out

Hi , Hope someone can help??? i have a 53 plate diesel ,. 160000 miles on the clock,

problem is i'm losing water , quite a bit of water , couldnt figure out where until today, it appears to be pouring out the front of the engine ???? cant quite make out where from but, looking straight into engine bay and looking down under top intercooler hose. a couple of inches to the right of the back of the alternator then down about 4 inches or so ??? is this water pump ??? it really pours out , especially if i squeeze a hose ( an i have checked all the hoses )... HELP

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