Alkhorayef Water wins SAR 87M contract in Buraidah

27/11/2023 Argaam
Logo of Alkhorayef Water and Power Technologies Co. (AWPT)

Logo of Alkhorayef Water and Power Technologies Co. (AWPT)

Alkhorayef Water and Power Technologies Co. (AWPT) won a contract worth SAR 87.18 million to operate and maintain water and sewage networks and their accessories in the Buraidah region, the company said in a statement to Tadawul today, Nov. 27.

 

The contract term is 36 months, added the company, expecting the related financial impact to appear in Q1 2024.

 

Any updates will be duly announced, especially when a final copy of the contract is received.

 

There are no related parties, the utility added.

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