Alkhorayef signed $84.4m Water Connections Contract

Alkhorayef Water and Power Technologies Co. announced in a statement that it has signed 9 contracts for Installation of New Water and Waste Water Connections across Saudi Arabia.

The contract was awarded by National Water Company (NWC), Saudi Arabia.

The value of the contract is SAR 316.6 million (USD 84.4 million).

Earlier, during July 2021, Alkhorayef announced that it has awarded the contract. (read more)

The 9 regions and sectors include Riyadh Region Riyadh City Sector, Riyadh Region South Sector, Riyadh Region North Sector, Al Madinah Region, Makkah Region Jeddah Sector, Eastern Region Central Sector, Al-Qassim Region, Hail Region and Tabuk Region.

The new agreements extend for 36 months.

The agreements for works performed will depend on the actual demand for new water and waste water connections by the end user and on the work allocations by the National Water Company to Alkhorayef Water and Power Technologies, statement said.