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Maynilad pouring in P2.7 billion for water loss reduction plan

Maynilad Water Services Inc. will spend P2.7 billion until 2027 to reduce water losses by replacing its aging pipe network and stifling the rampant illegal connecti.....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Maynilad sets water interruption in Parañaque, Las Piñas

Some areas in Parañaque and Las Piñas will be experiencing water service interruption beginning 8 p.m. tonight until 6 a.m. tomorrow, according to Maynilad Water Services Inc......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Maynilad plugs pipe leaks in Sampaloc

West zone concessionaire Maynilad Water Services Inc. has spent P208 million to replace nearly one kilometer of “old and leaky” primary lines in Manila, recovering three million liters per day of potable water......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Maynilad pipelines P4 billion for upgrade of 22 pumping stations, reservoirs

Maynilad Water Services will spend about P4 billion to rehabilitate 22 pumping stations and reservoirs to boost the water supply and pressure in the West Zone concession area......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Maynilad considering a $300-M pre-IPO investment round before it goes public in 2025

Bloomberg is reporting that Maynilad Water Services, the “West Zone” water concessionaire owned by Metro Pacific Investments and DMCI, is “considering” raising a US $300 million (~P16.9 billion) “funding round” before it goes public on the PSE in 2025......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024

Mikey Belmonte bags Water Warrior Award

Quezon City Councilor Belmonte was conferred the “Water Warrior Award for Advocacy Leadership” during the 2024 World Water Day Awards in recognition of his contributions as an active partner of Maynilad in championing access to safe water, reliable sanitation and environmental responsibility......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Maynilad nears maiden P15 billion blue bond issue

Maynilad Water Services Inc. moves closer to the issuance of its maiden blue bond sale of up to P15 billion after submitting necessary documents to regulators......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Maynilad spending P30 billion for service improvements

West Zone concessionaire Maynilad Water Services Inc. is setting aside as much as P30 billion for capital expenditures (capex) this year to continue service improvements amid the ongoing threat of the El Niño weather phenomenon......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Biosolids in Maynilad septage to be converted into bio-bricks

West Zone concessionaire Maynilad Water Services Inc. will convert biosolids produced from the septage treatment process into bio-bricks as part of its environment and sustainability efforts......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

MVP Group dominates 20th Philippine Quill Awards

It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Manila Water explores Pangasinan supply deal

The consortium of Manila Water Co. Inc. and its wholly owned subsidiary, Manila Water Philippine Ventures continue to explore water supply partnerships with the Provincial Government of Pangasinan as it looks to revive the recently terminated concession agreement between the two......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Power rates down by P0.37/kWh for Feb-Mar billing

High on love but low on power rates! Valentine’s Day for residential consumers of Visayan Electric is expected to be sweeter as electricity rates for the billing month of February-March will be P0.37/kWh lower compared to last month. This decrease, bringing the total rate down from last month’s P11.62/kWh to P11.25/kWh, is attributed to lower.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

Task force to public: Continue water conservation

As the water level in major dams can drop further during the dry months, the Task Force El Niño is urging the public to continue conserving water to avert a possible water crisis, especially in Metro Manila......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

NWRB cuts water supply for Metro next month

The National Water Resources Board will slash the water allocation for Metro Manila to 48 cubic meters per second from 50 cms starting mid-April to conserve water supply that has been impacted by the ongoing El Niño......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

Manila Water ramps up deep well output

Razon-led Manila Water Co. Inc. is planning to boost its deep well production to around 80 million liters per day (MLD) before the government implements the reduced water allocation for Metro Manila in the coming weeks......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

MCWD water deficit now affects 50,000 households in Metro Cebu

CEBU CITY, Philippines – As the internal political strife surrounding the Metropolitan Cebu Water District or MCWD continues, the shortage of water faced by residents has also persisted. Currently, the water deficit in the MCWD has now reached 50,000 cubic meters per day. This equates to 50,000 households experiencing water supply issues, with each household.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

‘No water interruption until April 30’

The Department of Environment and Natural Resources has assured Metro Manila residents of uninterrupted water supply until April 30 after the plan to decrease the water allocation starting April 16 was shelved as the water level in Angat Dam remained above 195 meters yesterday......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2024

El Niño impact: 30M liters of water lost due to dry spell, says MCWD

CEBU CITY, Philippines — The hot season brought by the El Niño has significantly impacted the Metropolitan Cebu Water District (MCWD) water facility. It was evident in the production of MCWD’s surface water facilities in Barangay Jaclupan in Talisay City and Barangay Lusaran in Cebu City, said MCWD Chair, Lawyer Jose Daluz III, in a.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Solon pushes creation of Dept of Water Resource Management

CEBU CITY, Philippines — A lawmaker is pushing for the establishment of a national framework for water resource management that is spelled out in the proposed Department of Water Resources Management (DWRM) as a long-term solution to water shortage in the country. Agri Partylist Representative Wilber Lee said that the DWRM will bring together 32.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024