Alkhorayef Water and Power Technologies Company, one of the leading companies in the Saudi Arabian market in water and wastewater, has secured an operation and maintenance (O&M) contract for the sewage and water distribution network in the Hail region of Saudi Arabia, reports Zawya.
The contract spans 36 months and has a total worth of 40.74 million Saudi riyals (about 10.86 million U.S. dollars), as reported in an official statement to the Saudi stock exchange.
The identity of the client remains confidential.
Earlier this month, the company also secured another O&M contract from the state-owned National Water Company, valued at 64.2 million riyals (about 16,64 million U.S. dollars).