Alkhorayef Water & Power Technologies Signs Contract with Zakat Authority

Alkhorayef Water and Power Technologies Co. announced on Tuesday the signing of contract of operation and maintenance of water treatment plants and wastewater treatment plants and their related services at land ports with Zakat, Tax and Customs Authority.

The Contract Value is SR60,969,159.00 including VAT and is for 36 months.

The deal was made for operation and maintenance of water treatment plants and wastewater treatment plants and their related services at land ports.

Alkhorayef Water and Power Technologies Co. will perform the works related to the operation and maintenance of water treatment plants and wastewater treatment plants and their related services at land ports.

Alkhorayef Water and Power Technologies Co. received the agreement after signed by all parties on Tuesday 16/11/2021, so accordingly disclosed.

The financial impact was reversed during the fourth quarter of 2021.