Alkhorayef Secures SAR 70.53 Million Operation and Maintenance Contract with National Water Company

Alkhorayef Water and Power Technologies Co. announced the successful acquisition of the contract for operating and maintaining water and sewage networks in Taif, totalling SAR 70,537,875.00, excluding VAT.

The company, listed on Tadawul, disclosed today that the financial impact of the purchase order is anticipated in the first quarter of 2024. Any further developments will be communicated, particularly after the receipt of the final signed version of the agreement from all involved parties.