Alkhorayef announces financial closing for O&M Manfouha project

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

Alkhorayef Water and Power Technologies Co. (AWPT) announced the financial closing of the long-term operation and maintenance (O&M) project in Manfouha, according to a statement to Tadawul.

AWPT will design, rehabilitate, test, operate and maintain sewage treatment plants (STPs) in Manfouha, Riyadh. The contract entails work on Manfouha North STP (MNN), Manfouha East STP (MNE) and Manfouha Phase 4 STP (MN4).

The designing and rehabilitation will be completed in two phases over 36 months from the contract date. Meanwhile, the operation and maintenance will be carried out over 15 years (180 months) from the contract date, in conjunction with commencement of rehabilitation work.

The total design treatment capacity of the three STPs is 700,000 cubic meters per day, the statement noted.

AWPT received in August 2023 the SAR 1.62 billion contract signed with National Water Co. (NWC) to rehabilitate, operate and maintain STPs in Manfouha, Riyadh, Argaam reported.