KEIR signs SAR 24.2 mln contract to connect 2 water purification plants

Logo of KEIR International Co. 

KEIR International Co. signed the contract for a project to connect the Heet water purification plant and a station in Al-Kharj region.

In a statement to Tadawul, KEIR said the project entails the implementation of infrastructure works for the electrical network for medium voltage 33 kilovolt (KV), at a total value of SAR 24.2 million (including 15% value-added tax).

Awarded on Feb. 13, the contract covers a period of one year and includes the implementation of engineering works, design, supply, civil works, communications, electrical works, and other necessary works.

The financial impact is expected during H2 2023 for one year, KEIR said, noting that there are no related parties.