Alkhorayef Water and Power Technologies Co. Announced the awarding of contract of Operation and maintenance of Water Networks in Medina with National Water Company. Date of the Award: January 10, 2023.

Contract Value: SAR 89,828,250.00 excluding VAT. Contract Details: Alkhorayef Water and Power Technologies Co. will perform the works related to the Operation and Maintenance of Water Networks in Medina for 36 months.

Additional Information Financial impact as a result of the contract is expected to take place during second quarter of year 2023. The company will announce any future developments in this regard at the time, especially after receiving the final version of the agreement contract signed by all parties concerned.