Alkhorayef Water wins SAR 62M contract from NWC

20/03/2025 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) was awarded on March 19 a SAR 61.84 million VAT-exclusive contract for leak detection and repair in Jazan.

 

Under the contract, the utility will carry out leak detection and repair work in the Jazan region for a period of 30 months, according to a statement to Tadawul.

 

For more news and details on the projects

 

The financial impact is expected to show in Q2 2025.

 

Any updates will be announced, especially after receiving a signed copy of the contract.

 

There are no related parties to the deal, AWPT said.

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