Manila Water Prequalifies for India Supply-Sewerage Project
Byline: JAMES A. LOYOLA
Manila Water Company is reaching overseas and has recently prequalified to bid for a water supply and sewerage services project in Delhi, India.
The firm informed the Philippine Stock Exchange (PSE) that it has teamed up with Larsen and Toubro Limited, Indias largest engineering and construction firm, and the Mahindra Group, one of Indias leading conglomerates, to bid for the project.
The group faces competition from three other international firms: Veolia Water, Suez and Saur. Competitive bids are expected in October 2005.
The project is part of a $100-million loan of the government of India from the World Bank. The Delhi Jal Board, owner of the project, plans to spend some $60 million on two six-year management contracts, one for each operational zone, with a combined population of approximately 1.4 million.
The management contract calls for an operator to (a) run the water supply and sewerage systems, including meter reading, billing, collection and consumer relations;
(b) provide and put in place operational improvements that would reduce water losses, improve metering, billing and collection, and implement energy savings, as well as realiable (24/7) water supply; and (c) plan and implement a major capital investment program. …