Sri Lanka water supply board plugs some leaks, ups profit

Apr 14, 2012 (LBO) – Sri Lanka’s state-run National Water Supply and Drainage Board, has increased provisional operating profits to 3.0 billion rupees in 2012, up from 1.9 billion rupees by raising tariffs and reducing leakages. Non revenue water had fallen from 31.3 percent of the total to 30.7 percent in the Greater Colombo Area, but had increased from 25.1 percent to 25.8 percent in other regions.

Total water production had increased 5.4 percent to 526 million cubic meters in 2012.

The Water Board had started fixing leaks faster, replacing heavily corroded water and replacing common taps with individual connections in underserved settlements.

In recent year, 10,000 such connections had been given and 800 stand posts had been removed. Raiding of water thieves and meter tampering had also been tightened.

The Water Board hopes to cut non revenue water to 20 percent by 2020, the Central Bank report said.

The Central Bank’s annual report said revenues rose 11 percent to 15.4 billion rupees due to a tariff increase, new connections and reducing leaks, while operational and maintenance cost rose at a slower 3 percent to 12.4 percent.

The tariff increase from October 2012, had raised highly subsidized d