Maynilad hikes water new storage capacity

MANILA, Philippines — West Zone concessionaire Maynilad Water Services Inc. has increased its water storage capacity to ensure water security and reliability in its serviced areas.

The Pangilinan-led company said it added 345 million liters to its water-storage capacity after rehabilitating five old reservoirs and constructing 13 new ones in different areas in the west zone.

This is double its storage capacity when the company was reprivatized in 2007.

From only seven reservoirs in 2007, Maynilad now has 32 operational reservoirs, which have a combined water-storage capacity of 710 million liters, an increase of 95 percent from 365 million liters.

The facilities enhanced Maynilad’s capability to bring potable water to elevated and far-flung portions of its concession area where supply availability is still limited.

It also allows for better pressure management when there is a supply crunch, especially during El Niño.

“We still need to build more reservoirs and pumping stations moving forward, as the population continues to grow along with the demand for uninterrupted supply of potable water,” Maynilad president and CEO Ramoncito Fernandez said.

The company has  set P9 billion for capital expenditures this year.

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.

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