CWA Debts Reachs Rs 583 Million

7 years, 10 months ago - April 29, 2013
In recent years, the debts of the Central Water Authority have exceeded half a billion rupees. Indeed, a blackboard currently displayed by the agency responsible for water supply in the country is R 583 million, of which Rs 196 million representing accrued interest.

If water rates increased by 35% in early 2012, and the CWA garnered Rs 315 million more by this measure, it is difficult to address this debt, as well as wage increases occurred in part of the report in 2013 PRB swallows a good portion of this amount. In an attempt to restore a balance in its accounts, the CWA has put in place several measures, the first being the replacement of defective meters that cause a significant shortfall in revenue.

35,000 defective meters replaced

Defective meters are one of the causes significant losses on the network of the Central Water Authority (CWA). According to our information, the losses are between 10 and 15%. What, in figures, translates by thousands of rupees every month. At first, it is 35,000 meters will be replaced. The project cost is estimated at Rs 15 million. This will eventually spread to other subscribers. A recent study by the CWA raised nearly 100,000 faulty meters across the country, whether in the domestic or commercial circuit. Life for a meter is 15 years, hence the need to change a number of meters in the shortest time.

Someone close to this issue, to explain the extent of the phenomenon, says that, according to an audit by the CWA, many homes have a water consumption of Rs 55 per month although there is a large garden or many people living in the same house.

The CWA is in an unenviable financial situation due to debts have been accumulated over the past years when she had no money and had to borrow from the government and international banks. Management has recently decided to pay his monthly payments surplus government and international banks. If the CWA can not for the hour realize of profits, she in fate without losses, and hopes that the measures adopted will allow him to regain the path of profitability.

 

Text by Le Matinal

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