HOUSTON (PRNewswire) -- Through its Internet exchange, Water2Water.com, Azurix Corp. has begun a pilot program in the Lower Rio Grande which will provide users in the Lower Rio Grande area with information, price transparency and efficiency in water exchanges.
Information regarding water rights is obtained from the Rio Grande water master, a part of the Texas Natural Resource Conservation Commission, with the web site facilitating exchanges between buyers and sellers.
The Rio Grande water master allocates, monitors and controls 1.5 million acre feet of water annually through 1,173 miles of the Rio Grande River along the Texas/Mexico border and almost 400 miles of U.S. tributaries. It serves private water agencies, municipalities, industrial customers and state agencies.
Azurix launched the site in February 2000. In July, the site was named one of Forbes magazines top 200 B2B sites and one of the Top 10 Energy and Utility Sites.
Azurix Corp. owns, operates and manages water and wastewater assets, provides water and wastewater related services, and develops and manages water resources. The company also specializes in the areas of procurement, engineering and design, water supply and storage and billing and collections.
