Maynilad signs a PHP10 billion loan with Metrobank to deliver better service quality to customers

by Info @Brand Zone | May 24, 2024

West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has tapped Metropolitan Bank & Trust Co. (Metrobank) for a PHP10-billion loan to bankroll its capital requirements this year as it aims to provide better water service coverage and availability to consumers.

As part of its ongoing commitment to optimize water management, enhance service quality, and contribute to build a more sustainable and resilient water utility sector, Maynilad said the 10-year loan, maturing in 2034, will be used to fund its capital expenditure requirements this year.

Specifically, proceeds will be utilized to help improve its water service coverage, increase water sources, reduce non-revenue water, improve sewerage coverage and treatment facilities, upgrade water treatment plants and facilities, and improve water availability.

“With this loan, we are in a better position to pursue our capital expenditure program that will further enhance water services for our over 10.3 million customers. This supports our commitment to meet our service obligations and achieve sustainable growth,” said Maynilad Chief Operating Officer Randolph T. Estrellado.

“Enabling our partners to empower Filipinos with essential resources is in line with our goal of helping communities grow. We are happy to support Maynilad through this loan deal because it is part of our commitment to ensure that every community in the country thrives,” said Metrobank Institutional Banking Sector Head Mylene Caparas.

Maynilad is the largest private water concessionaire in the Philippines in terms of customer base. It is the concessionaire of the MWSS for the West Zone of the Greater Manila Area, which is composed of the cities of Manila (all but portions of San Andres & Sta. Ana), Quezon City (west of San Juan River, West Avenue, EDSA, Congressional, Mindanao Avenue, the northern part starting from the Districts of the Holy Spirit & Batasan Hills), Makati (west of South Super Highway), Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon all in Metro Manila; the cities of Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite Province.

Maynilad: No service interruptions at current allocation; advises managed consumption to mitigate possible lower water pressure

by Info - @Brand Zone | May 3, 2024

Maynilad Water Services, Inc. (Maynilad) thanked the Department of Environment and Natural Resources (DENR) and the National Water Resources Board (NWRB) for maintaining the raw water allocation at 50 cubic meters per second (CMD) for the period May 1 to 15, 2024, noting that it is needed given the increasing water demand due to the heat index.

The Metropolitan Waterworks and Sewerage System (MWSS) earlier asked the NWRB to retain its 50 CMS allocation from Angat Dam, which serves as primary water source for Metro Manila and the nearby provinces of Rizal, and portions of Cavite and Bulacan.

Maynilad said that at 50 CMS allocation, there will be no service interruptions within the West Concession, except for scheduled and emergency maintenance activities. However, Maynilad cautioned that the increasing water demand could lead to lower network pressure despite this sustained allocation, unless consumers work together to manage their water consumption.

This call for water conservation among consumers is crucial so that the stored water in Angat Dam can be preserved until the rainy season comes to replenish. Meanwhile, the concessionaire is augmenting the water supply by drawing water from other sources, such as deep wells, reused water, and rivers.

“Even before the El Nino phenomenon set in last year, we have been developing alternate water sources to augment the growing water requirement of customers. These alternate sources are now being fully utilized, so we ask consumers to also reinforce this effort by using water wisely,” said Maynilad Corporate Communications head Jennifer Rufo.

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Maynilad

Higit sa tubig ang aming serbisyo

Hotline: 1626

Cavite Toll Free Hotline: 1-800-1000-92837

Bisitahin ang official website: www.mayniladwater.com.ph

Maynilad, DENR partner for “Run vs. Plastics”

by Info @Brand Zone | April 26, 2023

Around 800 people from the government and private sector took part in the “Run vs. Plastics” Fun Run held recently at the Ninoy Aquino Parks and Wildlife Center in Quezon City. Organized by West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) and the Department of Environment and Natural Resources (DENR), this project seeks to reinforce the agency’s nationwide campaign to reduce plastic pollution.

Maynilad Chief Operating Officer Randolph T. Estrellado (4th from left) led the Maynilad group in rallying the Fun Run participants. With him are (from left) Maynilad Quality, Sustainability & Resiliency head Roel S. Espiritu; Wastewater Management head Zmel D. Grabillo; Corporate Affairs & Communication head Antonette de Ocampo; DENR Director of Land Management Bureau Atty. Emelyne Talabis; Assistant Secretary for Policy, Planning, and Foreign Assisted and Special Projects Noralene Uy; Director for Foreign Assisted and Special Projects Service Al Orolfo; and Assistant Secretary for Human Resources, Strategic Communication, and Sectoral Initiatives Hiro Masuda.

The Run vs. Plastics Fun Run was organized in collaboration with Metro Pacific Investments Corp., Meralco, MPIC Foundation, PLDT-Smart Foundation, and Alagang Kapatid Foundation.