ACTEW has ended the 2013/14 year with strong financial results, delivered on one of Canberra’s largest infrastructure projects, recorded major improvements in safety outcomes for its workforce, and continued to provide excellent quality water and sewerage services to the people of the ACT.
John Knox, Managing Director of ACTEW Corporation, praised the efforts of the ACTEW workforce by delivering strong results in service and project delivery and customer service over the 12 month period, which has allowed ACTEW to realise an after tax profit of $80.8m alongside assets in excess of $2.8bn.
“Despite it being a very busy year for the organisation, it has been extremely successful with a large number of achievements to celebrate,” Mr Knox said.
“All of this work has been undertaken by our highly skilled and dedicated workforce who is focused on ensuring our customers are supplied with some of the best quality drinking water in Australia, whilst striving to protect our natural environment.”
“The year has seen the Cotter Dam officially opened, expanding the capacity from 4GL to more than 76 GL which has, together with our other major projects, delivered water security for the region for future generations. This project continues to be recognised by industry awards.”
Operational highlights for the year include:
- Completion of water security projects including the Enlarged Cotter Dam which is already well ahead of schedule in storing more water than ever before. The combined dam level is currently at 86% capacity (77% capacity at 30 June 2014).
- Production of nearly 49GL of drinking water to customers across the ACT and region.
- Launch of a new safety strategy in early 2014 and a significant reduction in lost time injuries in comparison to last year.
- Achieved 100% compliance against environmental authorisations for both the Lower Molonglo Water Quality Control Centre (LMWQCC) effluent reuse and the North Canberra Water Reuse Scheme (NCWRS).
- Worked with the ACT Government to expand important infrastructure in the Molonglo Valley in order to meet the needs of the growing community.
- Progressed a number of large infrastructure projects relating to the Googong Foreshores, Googong Water Treatment Plant, Mt Stromlo Treatment Plant, and the Lower Molonglo Water Quality Control Centre.
The Annual Report is located on the ACTEW Water website.