Double-digit NRW for Manila Water

Razon-led Manila Water Co. Inc. has managed to keep its non-revenue water (NRW) below 15 percent for its East Zone water concession as it continues to invest in the implementation of its service improvement plan to develop new water sources to meet the demand of an increasing population and urbanization and to keep water losses at world-class levels of below 15 percent.

- MARIANNE GO

This was the assurance issued by Manila Water this week as it vowed to remain steadfast in its commitment to ensure a 24/7 supply in its service areas all over the country despite the challenges of climate change and the onset of the summer season, which is expected to increase water demand.

The East Zone concession is a 1,400-square-kilometer area that covers 23 cities and municipalities in Metro Manila and Rizal. These include Mandaluyong, Makati, Pasig, Pateros, San Juan, Taguig, Marikina and parts of Quezon City and Manila. The towns of Angono, Baras, Binangonan, Cainta, Cardona, Jalajala, Morong, Pililla, Rodriguez, Tanay, Taytay, Teresa, San Mateo and Antipolo in the province of Rizal are also part of the East Zone.

Enrique Razon Jr. officially took control of Manila Water from the Ayala Group in June 2021. This transition followed a subscription agreement that granted Razon's Trident Water, a subsidiary of Prime Strategic Holdings, a majority voting interest in the company.

Trident initially invested P10.7 billion in Manila Water, giving Razon a 51 percent voting interest, while Ayala Corp. retained a 31.6 percent voting interest. However, in May 2024, the Ayala Group divested its remaining stake in Manila Water to Razon for P14.5 billion.

Razon is now the chairman, president and chief executive officer of Manila Water.