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 offers desludging services this May

ni Info @Bulgary | May 9, 2024

Maynilad Disludging Services

West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is offering septic tank cleaning services to its residential and semi-business customers this May in select parts of Caloocan, Las Piñas, Makati, Malabon, Manila, Muntinlupa, Navotas, Parañaque, Pasay, Quezon City, Valenzuela, and Cavite Province at no extra cost.

Maynilad’s sanitation program is one of the company’s efforts to lessen pollution loading into Metro Manila’s river systems. “We ask our customers to avail of this service, as it will help to protect community health and the environment,” said Maynilad Chief Operating Officer Randolph T. Estrellado. 

Customers residing in Barangay 1, 10, 81, 82, 84 to 88, 90 to 95, 97 to 99, 101 to 103, 105, 106, 108 to110 in Caloocan; Brgy. Pamplona 1 and 3, and Pulang Lupa Dos in Las Piñas; Brgy. Catmon, Maysilo, and Tugatog in Malabon; Brgy. Putatan and Sucat in Muntinlupa; Brgy. Bagumbayan North, Bangculasi, Daang-hari, San Rafael Village, Navotas East and West, and Tanza in Navotas; Brgy. Don Bosco and San Martin De Porres in Parañaque; Brgy. Batasan Hills, Bagong Silangan, Capri, Commonwealth, Gulod, and Holy Spirit in Quezon City; and Brgy. Lingunan, Mabolo, Mapulang Lupa, and Punturin in Valenzuela City may avail of Maynilad’s desludging service. 

Moreover, some Maynilad customers in Cavite Province, particularly in Brgy. Aniban 2, 4, and 5, Mambog 1, Molino and Molino 6 and 7, Niog 2, Queens Row Central, Queens Row East in Bacoor City; and Buhay na Tubig , Carsadang Buaya, Malagasang 1G, Malagasang 2-D, Medicion 1-A to 1-D, Medicion 2-A, Medicion 2-C, Medicion 2-D, Molino 5, Palico 1, Poblacion 2-A, 2-B, 3-A, 3-B, 4-C and 4-D, Tanzang Luma1-6, Toclong 1-A, 2-B, and 2-C in Imus City may avail of the company’s septic tank cleaning services at no extra cost. Septic tank cleaning service normally costs around Php 4,700 per truck.

Maynilad customers interested in availing of the company’s septic tank cleaning service may call the Maynilad Hotline 1626 to determine the requirements and procedures. Additional information is also available in the company’s website, www.mayniladwater.com.ph, and social media accounts (X: @maynilad, Facebook: /MayniladWater).

Maynilad is the largest private water concessionaire of Metropolitan Waterworks and Sewerage System (MWSS) in the Philippines in terms of customer base. Its service area includes the cities of Manila (all but portions of San Andres and Sta. Ana), Quezon City (west of San Juan River, West Avenue, EDSA, Congressional, Mindanao Avenue, the northern part starting from the Districts of Holy Spirit and Batasan Hills), Makati (west of South Super Highway), Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas, and Malabon, all in Metro Manila; and the cities of Cavite, Bacoor, and Imus, and the towns of Kawit, Noveleta, and Rosario, all in the province of Cavite.

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