Alkhorayef Announces Contract Award with National Water for SR31.6 mln

Alkhorayef Water and Power Technologies Co. announced the awarding of contract number 17 of the Repair and Maintenance of Emergency Network Breakage in Riyadh City contract by the National Water Company for SR31.6 million.

Alkhorayef Water and Power Technologies Co. will perform the works related to contract number 17 of the Repair and Maintenance of Emergency Network Breakage in Riyadh City contract by the National Water Company for 36 months, the company said.

Financial impact of the project is expected to take place starting the 1st quarter of year 2022, it added.

The company said it will announce any future developments in this regard at the time, especially after receiving the final version of the agreement contract signed by all parties concerned.