The Metropolitan Waterwork and Sewerage System and its two concessionaires, Maynilad Water Services, Inc. and Manila Water Company, Inc., have released a development fund for indigenous people (IPs) and local farmers in Bulacan. The development fund, which is close to P37million, was meant for...
Metropolitan Waterworks and Sewerage System (MWSS) is confident that it will meet its five-year target for its massive replanting program within some of the region’s most crucial watersheds. In a statement, stakeholders of the Annual Million Trees Challenge (AMTC) stressed their commitment to...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) will spend nearly P2 billion for pipe replacement alone as part its efforts to upgrade its distribution system and reduce water losses. In a statement, Maynilad said that it is now targeting to replace a total of 173 kilometers of...
The Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) is still clarifying with the government panel that revised concession agreements between MWSS and water concessionaires if the foreign currency differential adjustments (FCDA) can still be implemented for the third quarter...
West Zone concessionaire Maynilad Water Services, Inc. had set up a P100-million solar power farm inside its La Mesa Compound in Quezon City, a move that the company considers its first step toward green energy. The 1-megawatt PV (photovoltaic) solar power farm was built to augment the power supply...
The recent signing by the government of renegotiated concession supply agreements with Manila Water Company and Maynilad Water Services Inc. in April and May, respectively, represent significant strides toward the attainment of water adequacy in their franchise areas in Metro Manila, Rizal and...
More than a month since the new concession agreement (CA) of Metropolitan Waterworks and Sewerage System (MWSS) and Manila Water Company Inc. was finalized and released, the CA between the government agency and Maynilad Water Services Inc. is also finally out now. By signing the CA, Maynilad will...
DMCI Holdings Inc., the diversified conglomerate controlled by the Consunjis, expects a strong recovery this year due although a return to its pre-pandemic performance is not seen until 2023. “We believe that our Company can stage a recovery this year on the back of higher construction...
Maynilad Water Services, Inc. (Maynilad), the government water concessionaire for the West Zone, said it will cost them P29 billion to build several sewage treatment plants (STP) across the metropolis. In a statement, Maynilad said that it is now simultaneously building several STPs in Caloocan,...
Diversified engineering conglomerate DMCI Holdings, Inc. reported that its profits shot up by 590 percent in the first quarter of the year to P4.3 billion from P616 million in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm said this is because income drivers...
The summer heat has pushed water demand in a lot of areas in the metropolis, causing the water level in the Bagbag reservoir – which is Maynilad Water Services Inc.’s biggest reservoir – to decline, which eventually led to rotational service interruptions. This prompted Metropolitan...
Metropolitan Waterworks and Sewerage System (MWSS) hopes that its new concession agreement with west zone concessionaire Maynilad Water Services Inc. will soon be released as this is “critical” in implementing projects for water security. In a statement, MWSS Chairman and Acting Administrator...
