MWSS: No official copy of Maynilad increase ruling yet

MANILA, Philippines - The Metropolitan Waterworks and Sewerage System (MWSS) has not yet received an official copy of the ruling on the basic water rate increase of Maynilad Water Services.

In an interview with radio dzMM on Tuesday, MWSS chief regulator Dr. Joel Yu said that the water concessionaire has not yet received the official award.

"Sa totoo lang po, kami rin po ay nagulat na nagpalabas na ng disclosure ang Metro Pacific at ang DM Consunji, mga majority owners ng Maynilad patungkol po dito sa resulta. Pero wala pa po kaming natatanggap na opisyal na award," Yu said.

Reports that an international appeals panel handling the arbitration proceedings between MWSS and Maynilad ruled in favor of water rate increase were released on Monday.

READ: Maynilad wins appeal to increase water rates

The said ruling would allow a 9.8 percent increase in the 2013 basic water charge which is P31.28 per cubic meter.

The  basic water charge increase would amount to around P1.68 per 20 cubic meters per month.

Yu said that they have presented all their arguments for their appeal to increase water rates to the panel composed of the legal counsels of the MWSS, representatives of the Office of the Government Corporate Counsel and some private lawyers.