PERBADANAN Urus Air Selangor Bhd (PUAS) plans to seek the Government’s assistance to help settle the RM2.23bil in outstanding payments (as at end August) that it owes three water treatment plant operators – Puncak Niaga Holdings Bhd
, Syarikat Pengeluar Air Selangor Sdn Bhd (Splash) and Konsortium Abass Sdn Bhd.
PUAS chief executive officer Datuk Mohd Sinon Mudzakir said despite registering a 40% increase in revenue since 2002, PUAS was still saddled with a financial deficit due to the current high bulk supply rate (BSR) imposed by the three water players under the terms of the water privatisation projects.
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