Alkhorayef Secures SAR 190.7 Million Agreements from National Water for New Connections

Alkhorayef Water and Power Technologies Co. announced on Thursday the receipt of six new blanket purchase agreements from the National Water Company. These agreements, valued at SAR 190.7 million, cover the installation of new water and wastewater connections across six regions in Saudi Arabia: Al-Qassim, Hail, Jazan, and the Eastern Region including North, South, and Central sectors.
The agreements, which extend for 36 months, follow the award received from the National Water Company on July 3, 2024. Alkhorayef expects the financial impact of these projects to be reflected in the third quarter of 2024