The investment will deliver improvements in drinking water quality, leakage, water availability, waste water compliance, efficiencies and customer service.
The company is planning to deliver over 380 projects under the plan, which has been submitted to the Commission for Energy Regulation (CER) for consideration.
Irish Water expects that €1.77bn will be required to deliver the objectives of the 2014-2016 Capital Investment Plan (CIP).
The current indicative funding available to the company is €1.2bn which includes the additional €200m announced by the Government recently.
It brings funding up from current levels of €310m in 2014 to €410m in 2015 and 2016.
RTÉ news reported that a program to tackle leakages is included with over 700 million litres of water a day being lost through leaking water pipes.
Citing Irish Water the news agency reported that the leakage programme, combined with the completion of existing works at Ballymore Eustace and Leixlip, will solve Dublin’s water issue in the short-term.
Image: The investment will deliver improvements in drinking water quality. Photo: Courtesy of FreeDigitalPhotos.net.