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Saturday, November 23, 2024

Maynilad investing P2.2b in facilities

West zone concessionaire Maynilad Water Services Inc. said it spent  P1.5 billion in 2017 to build new pumping stations and reservoirs in Las Piñas City, Quezon City and Muntinlupa City.

“We are also investing another P2.2 billion in the next five years for the rehabilitation and upgrade of existing PSRs,” Maynilad president and chief executive Ramoncito Fernandez said.

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The new facilities which have a combined storage capacity of 110 million liters of water enabled Maynilad to increase water pressure from 7 pounds per square inch to 16 psi for almost 400,000 residents in Bacoor City, Las Piñas, North Caloocan and Muntinlupa.

Maynilad said at 16 psi, water supply can reach the fourth floor a house or establishment without the need for a booster pump.

The strong water pressure allowed Maynilad to bring potable water to elevated portions of the said areas which previously had no water access or had limited supply availability.

Some 61,000 people in the south, who still rely on deep wells for their water supply, are expected to connect to Maynilad’s distribution network once the new PSRs become fully operational by the second quarter of 2018.

Maynilad currently has 28 pumping stations and 32 reservoirs located in strategic locations throughout its west concession area”•up from only seven operational pumping stations and reservoirs in 2006 before the company was re-privatized.

“Since 2007, we have added 21 pumping stations and 25 reservoirs to the water infrastructure that we inherited upon re-privatization. In the next five years, we will build more such facilities in Parañaque, Muntinlupa, Quezon City, Bacoor City and Kawit City,” Fernandez said.

Maynilad is the largest private water concessionaire in the Philippines in terms of customer base.

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