Alkhorayef Water bags SAR 45.6 mln operation, maintenance deal from Ministry of Environment

28/09/2021 Argaam

Logo of Alkhorayef Water and Power Technologies Co.

Alkhorayef Water and Power Technologies Co. (AWPT) announced that it was awarded, today, Sept. 28, a contract worth SAR 45.65 million for the operation and maintenance of water networks in Al-Baha region by the Ministry of Environment, Water and Agriculture.

 

The company said in a bourse statement that the 36-month contract has no related parties.

 

The company expects the financial impact of the contract to appear in the fourth quarter of 2021.

 

AWPT will disclose any developments in due course, especially after receiving the final contract signed by all concerned parties.

 

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