Alkhorayef Water bags SAR 58.8M contract from Saudi Water Authority

Alkhorayef Water and Power Technologies Co. (AWPT) was awarded on Nov. 28, a 24-month contract to operate and maintain water treatment plants at Wadi ad-Dawasir, Alsalil, Al Safa in Najran, and Alwajid.

The contract from Saudi Water Authority (SWA) is valued at SAR 58.8 million, excluding VAT, according to a statement to Tadawul.

The relevant financial impact will reflect starting Q1 2025, and the contract involved no related parties, the statement added.