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Business

Maynilad spends P260 M for pipe repairs

Louise Maureen Simeon - The Philippine Star

MANILA, Philippines — West Zone concessionaire Maynilad Water Services Inc. allocated P260 million for its leak repair projects last year as part of its non-revenue water program.

The water company plugged over 26,700 pipe leaks within its concession area, bringing Maynilad’s total leak repairs to 316,757 since its re-privatization in 2007.

Leak repair is a vital component of Maynilad’s NRW management program, which seeks to bring down physical and commercial water losses.

“The number of pipe leaks we repair every year has been going down due to our sustained pipe replacement activities,“ Maynilad president and CEO Ramoncito Fernandez said.

“We now focus on diagnosing our primary lines to ensure that leaks in these major pipe systems are also addressed. This will help us to further bring down water losses and improve supply management,” he added.

Maynilad has already invested P21.7 billion for its NRW management program since 2007. Of the amount, approximately P600 million has been dedicated for leak repair projects.

Other initiatives under the NRW program include selective pipe replacement, network diagnostics, establishment of district metered areas, and replacement of old water meters.

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.

The company is owned and managed by Maynilad Water Holdings Co. Inc., a joint venture among Metro Pacific Investments Corp., DMCI Holdings Inc. and Marubeni Corp.

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