Maynilad lowers non-revenue loss

By March 29, 2016Property News
Maynilad

MANILA, Philippines – West Zone concessionaire Maynilad Water Services Inc. has recovered more than 900 million liters of water per day (MLD)  since it started its non-revenue water (NRW) program in 2008.

The NRW program, which includes the regular replacement of old pipes, benefitted 6.4 million consumers.

From 2008, the company was able to replace more than 1,500 kilometers of pipes particularly in Central Manila where water loss cases were highest.

Maynilad has already spent P18 billion for the program.

“Water recovery of this magnitude is proof that our campaign against water loss has been effective. Over the last three years, we have been seeing a steady decline in pipe repairs owing to our infrastructure enhancements,” Maynilad president and chief executive officer Ramoncito Fernandez said.

Maynilad is investing P13.6 billion for its 2016 capital expenditures mainly for water and waste-water infrastructure projects.

About P3.9 billion of the budget would go to operation support programs such as the construction, rehabilitation and upgrade of treatment plants, pumping stations and reservoirs, and the laying of primary pipelines for water service expansion.

Some P2 billion has been earmarked for the NRW reduction program while around P260 million will be used for leak repair operations.

Maynilad is the largest private water concessionaire in the country in terms of customer base. It serves the areas of Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas, Malabon, and certain portions of Manila, Quezon City, Makati and Cavite.

Source: http://www.philstar.com/business/2016/03/29/1566996/maynilad-lowers-non-revenue-loss

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